First National Financial (TSE:FN) had its target price hoisted by equities research analysts at BMO Capital Markets from C$30.00 to C$34.00 in a research report issued to clients and investors on Thursday, August 1st, Stock Target Advisor reports. BMO Capital Markets’ target price would indicate a potential downside of 5.95% from the company’s previous close.
Several other equities analysts also recently commented on the stock. National Bank Financial upped their price objective on shares of First National Financial from C$31.00 to C$32.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 31st. Royal Bank of Canada increased their price target on shares of First National Financial from C$32.00 to C$34.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 31st.
Shares of First National Financial stock traded up C$0.71 during mid-day trading on Thursday, hitting C$36.15. 52,400 shares of the stock were exchanged, compared to its average volume of 18,825. First National Financial has a 12 month low of C$25.38 and a 12 month high of C$36.74. The company has a 50-day simple moving average of C$32.83 and a 200 day simple moving average of C$31.04. The company has a debt-to-equity ratio of 6,869.03, a quick ratio of 9.61 and a current ratio of 9.84. The company has a market capitalization of $2.17 billion and a P/E ratio of 14.57.
First National Financial Corporation, through its subsidiaries, originates, underwrites, and services residential and commercial mortgages in Canada. It offers single family residential, and multi-unit residential and commercial mortgages. The company provides its services through mortgage broker distribution channel, as well as through online.
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