First National Financial (TSE:FN) Price Target Lowered to C$45.00 at TD Securities

First National Financial (TSE:FN) had its price objective reduced by equities researchers at TD Securities from C$46.00 to C$45.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price points to a potential upside of 10.81% from the company’s current price.

Separately, BMO Capital Markets increased their target price on 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 assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of C$43.17.

First National Financial Price Performance

Shares of First National Financial stock traded up C$0.32 during trading on Thursday, hitting C$40.61. The stock had a trading volume of 29,055 shares, compared to its average volume of 31,070. First National Financial has a 12 month low of C$35.15 and a 12 month high of C$45.10. The firm’s fifty day simple moving average is C$40.43 and its 200-day simple moving average is C$40.29. The stock has a market cap of C$2.44 billion, a PE ratio of 13.22, a PEG ratio of 0.70 and a beta of 1.04.

Insider Buying and Selling at First National Financial

In other news, insider FNSC Holdings Inc. bought 6,412 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The stock was purchased at an average cost of C$39.00 per share, for a total transaction of C$250,068.00. In the last quarter, insiders purchased 31,950 shares of company stock worth $1,280,390. 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.