Fairfax Financial Holdings Limited (FFH.TO) – What Are Investment Firms Saying About This Stock?

Shares of Fairfax Financial Holdings Limited (TSE:FFH) have received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$2,684.88.

Several brokerages recently commented on FFH. RBC Dominion Securities raised their target price on Fairfax Financial from C$2,223.00 to C$2,318.00 and gave the company an “outperform” rating in a report on Friday, October 23rd. National Bank Financial raised their price target on shares of Fairfax Financial from C$3,450.00 to C$3,600.00 and gave the company an “outperform” rating in a report on Wednesday. ATB Cormark Capital Markets dropped their price target on shares of Fairfax Financial from C$2,600.00 to C$2,500.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 8th. Finally, Raymond James Financial cut their price objective on shares of Fairfax Financial from C$3,000.00 to C$2,900.00 and set an “outperform” rating on the stock in a report on Friday, October 16th.

Fairfax Financial Stock Down 0.0%

Shares of TSE FFH opened at C$2,501.52 on Friday. The stock has a fifty day moving average price of C$2,301.14 and a 200 day moving average price of C$2,315.36. The company has a current ratio of 2.03, a quick ratio of 0.93 and a debt-to-equity ratio of 54.38. Fairfax Financial has a 12-month low of C$2,066.16 and a 12-month high of C$2,700.00. The company has a market cap of C$55.96 billion, a P/E ratio of 12.28, a P/E/G ratio of 0.27 and a beta of 0.34.

Fairfax Financial (TSE:FFH) last issued its quarterly earnings data on Thursday, July 30th. The company reported C$90.05 EPS for the quarter. Fairfax Financial had a return on equity of 16.94% and a net margin of 13.57%. The company had revenue of C$18.46 billion for the quarter. Research analysts anticipate that Fairfax Financial will post 212.30 EPS for the current fiscal year.

About Fairfax Financial

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