Analysts Set First National Financial Co. (TSE:FN) Price Target at C$42.67

First National Financial Co. (TSE:FN) has been assigned a consensus rating of “Hold” from the five research firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$43.17.

Several research analysts have recently issued reports on the stock. Scotiabank upped their target price on shares of First National Financial from C$44.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 6th. TD Securities dropped their target price on shares of First National Financial from C$46.00 to C$45.00 and set a “buy” rating on the stock in a report on Thursday, March 6th. Finally, BMO Capital Markets raised their target price on shares of First National Financial from C$41.00 to C$42.00 in a report on Thursday, March 6th.

First National Financial Price Performance

TSE:FN opened at C$39.50 on Thursday. First National Financial has a one year low of C$35.15 and a one year high of C$45.10. The company’s 50-day simple moving average is C$40.41 and its 200 day simple moving average is C$40.37. The firm has a market capitalization of C$2.37 billion, a P/E ratio of 12.86, a PEG ratio of 0.70 and a beta of 1.04.

Insiders Place Their Bets

In other news, insider FNSC Holdings Inc. acquired 24,796 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The shares were purchased at an average cost of C$40.34 per share, for a total transaction of C$1,000,270.64. Over the last ninety days, insiders have acquired 31,950 shares of company stock worth $1,280,390. Company insiders own 71.45% of the company’s stock.

About First National Financial

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages.