First National Financial (TSE:FN) Given New C$42.00 Price Target at National Bankshares

First National Financial (TSE:FN) had its price target lifted by investment analysts at National Bankshares from C$41.00 to C$42.00 in a report issued on Wednesday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price objective points to a potential upside of 0.38% from the stock’s current price.

FN has been the topic of several other research reports. TD Securities boosted their target price on shares of First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a research report on Wednesday. CIBC lifted their price objective on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Scotiabank increased their target price on First National Financial from C$41.00 to C$44.00 in a research note on Wednesday, July 24th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of C$42.67.

First National Financial Stock Up 1.9 %

TSE FN traded up C$0.79 during trading on Wednesday, hitting C$41.84. 84,278 shares of the company traded hands, compared to its average volume of 30,408. The company has a current ratio of 8.92, a quick ratio of 10.11 and a debt-to-equity ratio of 6,280.61. The company has a market capitalization of C$2.51 billion, a P/E ratio of 11.06, a PEG ratio of 0.70 and a beta of 1.04. The business has a fifty day simple moving average of C$38.67 and a 200 day simple moving average of C$37.37. First National Financial has a 12 month low of C$34.54 and a 12 month high of C$42.74.

First National Financial (TSE:FN) last released its quarterly earnings results on Tuesday, July 30th. The company reported C$0.89 EPS for the quarter, missing analysts’ consensus estimates of C$0.93 by C($0.04). The firm had revenue of C$205.45 million during the quarter, compared to the consensus estimate of C$227.10 million. First National Financial had a net margin of 32.60% and a return on equity of 30.22%. As a group, sell-side analysts predict that First National Financial will post 4.0243655 EPS for the current year.

Insider Activity at First National Financial

In other news, insider FNSC Holdings Inc. bought 16,565 shares of First National Financial stock in a transaction that occurred on Thursday, September 19th. The stock was purchased at an average cost of C$39.24 per share, with a total value of C$650,010.60. Corporate insiders own 71.45% of the company’s stock.

About First National Financial

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.