TD Securities Has Lowered Expectations for First National Financial (TSE:FN) Stock Price

First National Financial (TSE:FN) had its price target decreased by TD Securities from C$46.00 to C$45.00 in a research note released on Thursday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Separately, BMO Capital Markets increased their price objective on shares of First National Financial from C$41.00 to C$42.00 in a research report on Thursday. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of C$43.17.

First National Financial Stock Performance

Shares of FN opened at C$40.59 on Thursday. The firm has a market capitalization of C$2.44 billion, a PE ratio of 13.22, a P/E/G ratio of 0.70 and a beta of 1.04. The stock has a 50 day simple moving average of C$40.43 and a 200 day simple moving average of C$40.29. First National Financial has a 52-week low of C$35.15 and a 52-week high of C$45.10.

Insider Transactions at First National Financial

In other First National Financial news, insider FNSC Holdings Inc. acquired 742 shares of First National Financial stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of C$40.50 per share, for a total transaction of C$30,051.00. Insiders acquired 31,950 shares of company stock valued at $1,280,390 in the last ninety days. 71.45% of the stock is currently owned by corporate insiders.

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.