In a latest note to investors, a research analyst has provided a rating update for the Financial sector company, First National Financial (FN). Analyst Nik Priebe from BMO Capital remains neutral on the stock and has a C$34 price target.
According to TipRanks.com, Priebe is ranked #1656 out of 5253 analysts.
First National Financial has an analyst consensus of Hold, with a price target consensus of C$34, which is a 2.2% upside from current levels. In a report issued on July 22, RBC Capital also upgraded the stock to Hold with a C$32 price target.
.
Based on First National Financial’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$44.16 million. In comparison, last year the company had a net profit of C$46.35 million.
First National Financial Corp. engages in the provision of mortgage banking services. It operates through the Residential and Commercial segments. The Residential segment includes single-family residential mortgages. The Commercial segment consists of multi-unit residential and commercial mortgages.
The company’s shares closed on Thursday at C$33.26.
