How Analysts Feel About First National Financial Corp After Today’s Huge Increase?

 How Analysts Feel About First National Financial Corp After Today's Huge Increase?

The stock of First National Financial Corp (TSE:FN) is a huge mover today! About 22,184 shares traded hands. First National Financial Corp (TSE:FN) has risen 1.04% since March 29, 2016 and is uptrending. It has underperformed by 1.49% the S&P500.
The move comes after 7 months positive chart setup for the $1.59 billion company. It was reported on Nov, 2 by Barchart.com. We have $35.51 PT which if reached, will make TSE:FN worth $620.10M more.

First National Financial Corp (TSE:FN) Ratings Coverage

Out of 3 analysts covering First National (TSE:FN), 0 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 0 are positive. First National has been the topic of 14 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Friday, October 28 by TD Securities. The firm has “Sector Perform” rating given on Friday, October 2 by National Bank Canada. RBC Capital Markets downgraded the stock to “Underperform” rating in Wednesday, July 20 report. The company was upgraded on Tuesday, July 28 by National Bank Canada. RBC Capital Markets maintained First National Financial Corp (TSE:FN) on Wednesday, October 26 with “Underperform” rating.

More recent First National Financial Corp (TSE:FN) news were published by: Forbes.com which released: “First National Financial (FN) Shares Cross 6% Yield Mark” on October 05, 2016. Also Bloomberg.com published the news titled: “First National Sees Hit to Net Income on Canada Housing Rules” on October 06, 2016. Fool.ca‘s news article titled: “First National Financial Corp. Gets a 20% Haircut” with publication date: October 10, 2016 was also an interesting one.

First National Financial Corporation is a Canada parent firm of First National Financial LP , which is an originator, underwriter and servicer of prime residential (single-family and multi-unit) and commercial mortgages. The company has a market cap of $1.59 billion. The Firm operates through two divisions: Residential (which includes single-family residential mortgages) and Commercial (which includes multi-unit residential and commercial mortgages). It has a 9.27 P/E ratio. The Firm provides mortgage-financing solutions to the mortgage market in Canada.

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