BMO Capital Markets Raises First National Financial (TSE:FN) Price Target to C$42.00

First National Financial (TSE:FN) had its price target boosted by research analysts at BMO Capital Markets from C$41.00 to C$42.00 in a research report issued on Thursday,BayStreet.CA reports. BMO Capital Markets’ target price indicates a potential upside of 3.42% from the company’s previous close.

First National Financial Price Performance

Shares of FN stock traded up C$0.32 on Thursday, hitting C$40.61. 29,055 shares of the stock traded hands, compared to its average volume of 31,070. The firm has a market cap of C$2.44 billion, a price-to-earnings ratio of 13.22, a PEG ratio of 0.70 and a beta of 1.04. The firm has a 50 day simple moving average of C$40.43 and a two-hundred day simple moving average of C$40.29. First National Financial has a 52 week low of C$35.15 and a 52 week high of C$45.10.

Insider Buying and Selling

In other news, insider FNSC Holdings Inc. purchased 24,796 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was purchased at an average cost of C$40.34 per share, with a total value of C$1,000,270.64. Over the last 90 days, insiders acquired 31,950 shares of company stock worth $1,280,390. 71.45% of the stock is owned by corporate 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.