First National Financial Corp (FN) Price Target Cut to C$27.00 by Analysts at RBC Capital Markets
First National Financial Corp (TSE:FN) had its target price cut by investment analysts at RBC Capital Markets from C$31.00 to C$27.00 in a research report issued on Thursday. The firm presently has an “underperform” rating on the stock. RBC Capital Markets’ price target would suggest a potential upside of 4.17% from the stock’s previous close.
Other analysts have also issued research reports about the stock. Royal Bank Of Canada reduced their price target on shares of First National Financial Corp from C$31.00 to C$27.00 and set an “underperform” rating on the stock in a research report on Thursday. TD Securities increased their price objective on shares of First National Financial Corp from C$30.00 to C$32.00 and gave the company a “hold” rating in a research note on Wednesday, July 27th. National Bank Financial increased their price objective on shares of First National Financial Corp from C$29.00 to C$32.00 in a research note on Monday, July 25th. Finally, Scotiabank reissued a “sector perform” rating and issued a C$30.00 price objective on shares of First National Financial Corp in a research note on Wednesday, July 27th. Two research analysts have rated the stock with a sell rating and two have given a hold rating to the company. The company presently has an average rating of “Hold” and an average price target of C$29.60.
First National Financial Corp (TSE:FN) traded down 0.58% during mid-day trading on Thursday, reaching $25.77. 48,803 shares of the company’s stock were exchanged. First National Financial Corp has a 12 month low of $18.35 and a 12 month high of $32.23. The stock has a 50-day moving average of $30.08 and a 200-day moving average of $29.18. The firm has a market cap of $1.55 billion and a price-to-earnings ratio of 10.83.
First National Financial Corp Company Profile
First National Financial Corporation is a Canada-based parent company of First National Financial LP (FNFLP), which is an originator, underwriter and servicer of prime residential (single-family and multi-unit) and commercial mortgages. The Company operates through two segments: Residential (which includes single-family residential mortgages) and Commercial (which includes multi-unit residential and commercial mortgages).
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