FNF Group of Fidelity National Financial (FNF) is Reiterated by Piper Jaffray to Overweight, Raises Price Target to $ 43

FNF Group of Fidelity National Financial (FNF) was Reiterated by Piper Jaffray to “Overweight” according to the research note released today. The brokerage firm has raised the Price Target to $ 43 from a previous price target of $38 . Piper Jaffray advised their investors in a research report released on Jul 5, 2016.

On the company’s financial health, FNF Group of Fidelity National Financial reported $0.33 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus of $0.36. The company had revenue of $1719.00 million for the quarter, compared to analysts expectations of $1683.09 million. The company’s revenue was up 18.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS.

FNF Group of Fidelity National Financial closed down -0.45 points or -1.20% at $37.05 with 12,67,507 shares getting traded on Friday. Post opening the session at $37.36, the shares hit an intraday low of $36.94 and an intraday high of $37.88 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Jun 29, 2016, Raymond R Quirk (Chief Executive Officer) sold 161,199 shares at $35.06 per share price. According to the SEC, on Jun 27, 2016, Brent B Bickett (Executive Vice President) sold 34,542 shares at $35.17 per share price. On Jun 24, 2016, Roger S Jewkes (Chief Operating Officer) sold 44,698 shares at $35.43 per share price, according to the Form-4 filing with the securities and exchange commission.

FNF Group of Fidelity National Financial

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