Fairfax Financial (TSE:FFH) Price Target Raised to C$3,450.00

by · The Markets Daily

Fairfax Financial (TSE:FFH – Free Report) had its price target hoisted by National Bank Financial from C$3,300.00 to C$3,450.00 in a research report released on Monday,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other research analysts have also weighed in on the company. Canadian Imperial Bank of Commerce set a C$2,350.00 price objective on Fairfax Financial and gave the company a “neutral” rating in a report on Friday, June 26th. Raymond James Financial upped their target price on shares of Fairfax Financial from C$3,000.00 to C$3,050.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Royal Bank Of Canada increased their target price on shares of Fairfax Financial from C$2,234.00 to C$2,261.00 and gave the company an “outperform” rating in a research report on Monday, April 20th. Finally, BMO Capital Markets decreased their price target on shares of Fairfax Financial from C$2,550.00 to C$2,400.00 in a research note on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$2,751.57.

Get Our Latest Analysis on Fairfax Financial

Fairfax Financial Price Performance

TSE:FFH opened at C$2,410.93 on Monday. The stock has a 50 day moving average of C$2,292.38 and a two-hundred day moving average of C$2,324.72. Fairfax Financial has a 12 month low of C$2,066.16 and a 12 month high of C$2,700.00. The firm has a market cap of C$49.72 billion, a P/E ratio of 11.92, a price-to-earnings-growth ratio of 0.27 and a beta of 0.31. The company has a current ratio of 2.65, a quick ratio of 0.93 and a debt-to-equity ratio of 54.00.

Fairfax Financial (TSE:FFH – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported C$43.25 earnings per share (EPS) for the quarter. Fairfax Financial had a return on equity of 17.32% and a net margin of 15.41%.The firm had revenue of C$15.57 billion for the quarter. On average, analysts expect that Fairfax Financial will post 212.3039807 earnings per share for the current fiscal year.

Fairfax Financial Company Profile

(Get Free Report)

Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.

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