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Fidelity National Financial (FNF) Initiated with a Buy at Cantor Fitzgerald

Tipranks - Tipranks - Wed Jan 28, 12:16PM CST

Cantor Fitzgerald analyst initiated coverage with a Buy rating on Fidelity National Financial today and set a price target of $72.00.

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Currently, the analyst consensus on Fidelity National Financial is a Strong Buy with an average price target of $69.00.

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Based on Fidelity National Financial’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.94 billion and a net profit of $358 million. In comparison, last year the company earned a revenue of $3.52 billion and had a net profit of $266 million

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FNF in relation to earlier this year. Earlier this month, Halim Dhanidina, a Director at FNF sold 6,000.00 shares for a total of $335,400.00.

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