First American Corporation (The) (FAF) Receives Price Target

First American Corporation (The) (FAF) : The consensus price target for First American Corporation (The) (FAF) is $46.33 for the short term with a standard deviation of $1.53. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $48, however, the pessimist price target for the company is $45.

First American Corporation (The) (FAF) : 5 analysts are covering First American Corporation (The) (FAF) and their average rating on the stock is 2.2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


First American Corporation (The) (NYSE:FAF): The stock opened at $43.15 on Thursday but the bulls could not build on the opening and the stock topped out at $43.26 for the day. The stock traded down to $42.23 during the day, due to lack of any buying support eventually closed down at $42.87 with a loss of -0.51% for the day. The stock had closed at $43.09 on the previous day. The total traded volume was 880,507 shares.

First American Financial Corporation (FAF) is a holding company. Through its subsidiaries, the Company is engaged in the business of providing financial services. The Company operates in two segments: Title Insurance and Services segment, and Specialty Insurance segment. The Title Insurance and Services segment issues title insurance policies on residential and commercial property. This segment also provides closing and escrow services; accommodates tax-deferred exchanges of real estate and provides banking, trust and investment advisory services. The Companys specialty insurance segment issues property and casualty insurance policies and sells home warranty products. The property and casualty insurance business provides insurance coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism and other types of property damage. The Companys subsidiary is First American Title Insurance Company and First American Trust, FSB.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *