Fidelity National Financial Rating Increased to Outperform at Zacks (FNF)
Fidelity National Financial (NYSE:FNF) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, Analyst RN reports. The firm currently has a $27.50 price objective on the stock. Zacks‘ price target would suggest a potential upside of 6.75% from the company’s current price.
Fidelity National Financial (NYSE:FNF) traded down 0.54% during mid-day trading on Tuesday, hitting $25.76. 1,493,520 shares of the company’s stock traded hands. Fidelity National Financial has a one year low of $21.04 and a one year high of $27.17. The stock has a 50-day moving average of $25.2 and a 200-day moving average of $25.10. The company has a market cap of $5.796 billion and a price-to-earnings ratio of 9.67.
Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.61 by $0.07. The company had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue was up 32.0% on a year-over-year basis. On average, analysts predict that Fidelity National Financial will post $1.97 earnings per share for the current fiscal year.
FNF has been the subject of a number of other recent research reports. Analysts at Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, September 3rd. They now have a $31.00 price target on the stock, up previously from $27.00. Separately, analysts at Barclays Capital raised their price target on shares of Fidelity National Financial from $26.00 to $28.00 in a research note to investors on Thursday, August 8th. Finally, analysts at Credit Suisse upgraded shares of Fidelity National Financial to a “neutral” rating in a research note to investors on Tuesday, July 23rd. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Fidelity National Financial currently has a consensus rating of “Buy” and an average target price of $28.83.
Fidelity National Financial, Inc (NYSE:FNF) is a holding company.
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