Is Major Move Coming For Fidelity National Financial Inc (FNFV) After This Bullish Double Top Chart Pattern?

September 17, 2017 - By Migdalia James

The chart of Fidelity National Financial Inc (FNFV) shows a double top with $17.75 target or 5.00 % above today’s $16.90 share price. The 9 months chart pattern indicates low risk for the $1.10B company. It was reported on Sep, 17 by Finviz.com. If the $17.75 price target is reached, the company will be worth $55.00M more. Double tops are rare but powerful chart patterns.

It closed at $16.9 lastly. It is up 15.85% since September 17, 2016 and is uptrending. It has underperformed by 0.85% the S&P500.

Investors wait Fidelity National Financial Inc (NYSE:FNFV) to report on November, 1. its quarterly earnings Wall Street analysts expect $-0.07 earnings per share, down $0.06 or 600.00 % from last year’s $-0.01 same quarter earnings. Fidelity National Financial Inc’s Wall Street analysts see -103.87 % negative EPS growth, taking into account the $1.81 EPS reproted in the previous quarter,

Fidelity National Financial Inc (NYSE:FNFV) Ratings Coverage

Among 3 analysts covering Fidelity National Financial (NYSE:FNFV), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Fidelity National Financial had 5 analyst reports since October 1, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Hold” rating and $1600 target in Friday, July 21 report. On Friday, February 12 the stock rating was downgraded by Keefe Bruyette & Woods to “Market Perform”. Wood maintained Fidelity National Financial Inc (NYSE:FNFV) on Thursday, October 1 with “Outperform” rating. The rating was maintained by Keefe Bruyette & Woods on Monday, July 24 with “Hold”.

More notable recent Fidelity National Financial Inc (NYSE:FNFV) news were published by: Nasdaq.com which released: “First Week of October 20th Options Trading For Fidelity National Financial (FNF)” on September 06, 2017, also Businesswire.com with their article: “Fidelity National Financial Attracting Top Talent” published on August 21, 2017, Prnewswire.com published: “Fidelity National Financial, Inc. Announces Record Date and Distribution Date …” on September 07, 2017. More interesting news about Fidelity National Financial Inc (NYSE:FNFV) were released by: Prnewswire.com and their article: “Fidelity National Financial, Inc. Announces Closing of Acquisition of Majority …” published on August 31, 2017 as well as Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: Fidelity National Financia, Iron Mountain and Prosperity …” with publication date: September 12, 2017.

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