TD Securities Lowers First National Financial (TSE:FN) Price Target to C$42.00

First National Financial (TSE:FN - Get Free Report) had its price objective decreased by equities research analysts at TD Securities from C$44.00 to C$42.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. TD Securities' target price points to a potential upside of 15.73% from the stock's current price.

FN has been the topic of several other reports. Scotiabank decreased their price target on shares of First National Financial from C$45.00 to C$41.00 and set an "outperform" rating on the stock in a research report on Wednesday. Royal Bank of Canada reduced their price target on First National Financial from C$43.00 to C$41.00 and set a "sector perform" rating for the company in a research report on Wednesday. Finally, BMO Capital Markets lowered their price objective on First National Financial from C$41.00 to C$39.00 in a research report on Thursday. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, First National Financial has an average rating of "Hold" and an average target price of C$40.17.

First National Financial Stock Up 1.7 %

TSE FN traded up C$0.61 during trading hours on Thursday, reaching C$36.29. 42,784 shares of the company's stock traded hands, compared to its average volume of 33,343. First National Financial has a 52-week low of C$32.86 and a 52-week high of C$41.80. The company has a debt-to-equity ratio of 6,070.47, a current ratio of 10.29 and a quick ratio of 10.11. The firm has a 50-day simple moving average of C$37.80 and a 200 day simple moving average of C$38.03. The firm has a market cap of C$2.18 billion, a PE ratio of 8.82, a PEG ratio of 0.70 and a beta of 1.06.

First National Financial (TSE:FN - Get Free Report) last issued its earnings results on Tuesday, March 5th. The company reported C$0.72 EPS for the quarter, beating the consensus estimate of C$0.22 by C$0.50. First National Financial had a return on equity of 35.19% and a net margin of 33.65%. The business had revenue of C$199.30 million for the quarter, compared to the consensus estimate of C$164.10 million. Sell-side analysts anticipate that First National Financial will post 3.9252815 EPS for the current fiscal year.

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.