Fairfax Financial Holdings Limited (TSE:FFH) Receives Consensus Rating of “Moderate Buy” from Analysts

Fairfax Financial Holdings Limited (TSE:FFH) has received an average rating of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$2,793.50.

Several research firms recently weighed in on FFH. National Bank Financial boosted their target price on Fairfax Financial from C$3,200.00 to C$3,300.00 in a research note on Wednesday, April 29th. BMO Capital Markets decreased their target price on Fairfax Financial from C$2,550.00 to C$2,400.00 in a research note on Monday, May 4th. ATB Cormark Capital Markets boosted their target price on Fairfax Financial from C$2,500.00 to C$2,600.00 and gave the stock a “sector perform” rating in a research note on Monday, February 23rd. Raymond James Financial boosted their target price on Fairfax Financial from C$3,000.00 to C$3,050.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Finally, Royal Bank Of Canada boosted their target price on Fairfax Financial from C$2,234.00 to C$2,261.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th.

Fairfax Financial Price Performance

FFH stock opened at C$2,165.99 on Wednesday. The business has a 50 day moving average price of C$2,314.86 and a 200 day moving average price of C$2,369.37. The stock has a market cap of C$46.46 billion, a price-to-earnings ratio of 10.71, a PEG ratio of 0.27 and a beta of 0.34. Fairfax Financial has a fifty-two week low of C$2,066.16 and a fifty-two week high of C$2,700.00. The company has a quick ratio of 0.93, a current ratio of 2.65 and a debt-to-equity ratio of 54.00.

Fairfax Financial (TSE:FFH) last posted its earnings results on Thursday, April 30th. The company reported C$43.25 earnings per share for the quarter. The firm had revenue of C$15.57 billion during the quarter. Fairfax Financial had a return on equity of 17.32% and a net margin of 15.41%. Equities research analysts anticipate that Fairfax Financial will post 212.3039807 earnings per share for the current fiscal year.

Fairfax Financial Company Profile

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