First National Financial (TSE:FN – Get Free Report) had its price target reduced by investment analysts at BMO Capital Markets from C$41.00 to C$39.00 in a report issued on Thursday, BayStreet.CA reports. BMO Capital Markets’ price target indicates a potential upside of 6.53% from the stock’s previous close.
Several other equities research analysts have also recently weighed in on the company. 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 on the stock in a research note on Wednesday. TD Securities boosted their target price on First National Financial from C$41.00 to C$44.00 and gave the stock a “hold” rating in a report on Thursday, March 7th. Finally, Scotiabank lowered their price target on First National Financial from C$45.00 to C$41.00 and set an “outperform” rating on the stock in a report on Wednesday. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, First National Financial presently has an average rating of “Hold” and a consensus price target of C$40.17.
Read Our Latest Stock Analysis on First National Financial
First National Financial Trading Up 2.6 %
First National Financial (TSE:FN – Get Free Report) last posted its earnings results on Tuesday, March 5th. The company reported C$0.72 earnings per share (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 firm had revenue of C$199.30 million for the quarter, compared to analysts’ expectations of C$164.10 million. As a group, sell-side analysts forecast that First National Financial will post 3.9252815 EPS for the current fiscal year.
First National Financial Company Profile
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.
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