First American Corporation (New found using ticker (FAF) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 97 and 79 with the average target price sitting at 88.8. Now with the previous closing price of 74.64 this would imply there is a potential upside of 19.0%. There is a 50 day moving average of 76.69 and the 200 day moving average is 69.36. The company has a market capitalisation of $8,074m. Find out more information at: https://www.firstam.com
The potential market cap would be $9,606m based on the market concensus.
First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Specialty Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; and appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, title insurance, closing services, and related products and services, as well as banking, trust, and wealth management services. In addition, it accommodates tax-deferred exchanges of real estate; and maintains, manages, and provides access to title plant data and records. This segment offers its products through a network of direct operations and agents in 49 states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, South Korea, and internationally. The Specialty Insurance segment provides property and casualty insurance comprising coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism, and other types of property damage. It also offers residential service contracts that cover residential systems, such as heating and air conditioning systems, and appliances against failures that occur as the result of normal usage during the coverage period. First American Financial Corporation was founded in 1889 and is based in Santa Ana, California.
