Brokerage Firm Rating Update on First American Corporation (The) (FAF)

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) (FAF) : Average target price received by First American Corporation (The) (FAF) is $46.33 with an expected standard deviation of $1.53. The most aggressive target on the stock is $48, whereas the most downbeat target is $45. 3 financial analysts are currently covering the stock.


Company shares have received an average consensus rating of Hold for the current week

First American Corporation (The) (NYSE:FAF): stock was range-bound between the intraday low of $42.43 and the intraday high of $42.76 after having opened at $42.76 on Wednesdays session. The stock finally closed in the red at $42.76, a loss of -0.26%. The stock remained in the red for the whole trading day. The total traded volume was 628,202 shares. The stock failed to cross $42.76 in Wednesdays trading. The stocks closing price on Thursday was $42.73.

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.

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