The First National Financial Corp (FN) Price Target Cut to C$27.00

The First National Financial Corp (FN) Price Target Cut to C$27.00

First National Financial Corp (TSE:FN) had its price objective decreased by analysts at RBC Capital Markets from C$31.00 to C$27.00 in a report released on Thursday. The brokerage currently has an “underperform” rating on the stock. RBC Capital Markets’ price objective suggests a potential upside of 6.68% from the company’s previous close.

A number of other research firms have also weighed in on FN. Royal Bank Of Canada cut their target price on shares of First National Financial Corp from C$31.00 to C$27.00 and set an “underperform” rating on the stock in a research note on Thursday. TD Securities upped their target price on shares of First National Financial Corp from C$30.00 to C$32.00 and gave the stock a “hold” rating in a research note on Wednesday, July 27th. Scotiabank restated a “sector perform” rating and set a C$30.00 target price on shares of First National Financial Corp in a research note on Wednesday, July 27th. Finally, National Bank Financial upped their target price on shares of First National Financial Corp from C$29.00 to C$32.00 in a research note on Monday, July 25th. Two equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. First National Financial Corp presently has an average rating of “Hold” and an average target price of C$29.60.

Shares of First National Financial Corp (TSE:FN) opened at 25.31 on Thursday. The firm’s 50-day moving average is $29.82 and its 200 day moving average is $29.15. The firm has a market capitalization of $1.52 billion and a PE ratio of 10.64. First National Financial Corp has a 52 week low of $18.35 and a 52 week high of $32.23.

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