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

First National Financial (TSE:FN) had its price target decreased by stock analysts at TD Securities from C$46.00 to C$45.00 in a report issued on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective indicates a potential upside of 10.81% from the company’s current price.

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

First National Financial Stock Performance

Shares of FN traded up C$0.32 during mid-day trading on Thursday, hitting C$40.61. 29,055 shares of the company were exchanged, compared to its average volume of 31,070. The stock has a market cap of C$2.44 billion, a price-to-earnings ratio of 13.22, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04. The company has a 50 day moving average of C$40.43 and a 200-day moving average of C$40.29. First National Financial has a 1-year low of C$35.15 and a 1-year high of C$45.10.

Insider Buying and Selling

In related news, insider FNSC Holdings Inc. bought 24,796 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were acquired at an average price of C$40.34 per share, with a total value of C$1,000,270.64. Insiders have bought 31,950 shares of company stock worth $1,280,390 in the last quarter. 71.45% of the stock is owned by 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.