Raymond James Financial Issues Positive Forecast for Fairfax Financial (TSE:FFH) Stock Price

Fairfax Financial (TSE:FFH) had its target price hoisted by Raymond James Financial from C$2,600.00 to C$2,900.00 in a research note released on Monday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock. Raymond James Financial also issued estimates for Fairfax Financial’s FY2025 earnings at $350.59 EPS and FY2026 earnings at $298.93 EPS.

FFH has been the subject of a number of other reports. Royal Bank Of Canada upgraded shares of Fairfax Financial to a “moderate buy” rating and set a C$2,050.00 price objective for the company in a report on Wednesday, June 18th. BMO Capital Markets lifted their price objective on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 in a report on Monday, May 5th. National Bankshares lifted their price objective on shares of Fairfax Financial from C$2,600.00 to C$2,700.00 and gave the company an “outperform” rating in a report on Wednesday, April 30th. Scotiabank boosted their price target on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 and gave the stock a “sector perform” rating in a report on Thursday, April 24th. Finally, CIBC boosted their price target on shares of Fairfax Financial from C$2,500.00 to C$2,700.00 in a report on Friday, May 2nd. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$2,578.57.

Fairfax Financial Price Performance

Shares of Fairfax Financial stock opened at C$2,459.09 on Monday. The firm has a market capitalization of C$39.44 billion, a P/E ratio of 9.42, a P/E/G ratio of 0.27 and a beta of 0.83. The company’s 50 day moving average price is C$2,329.90 and its two-hundred day moving average price is C$2,123.12. Fairfax Financial has a fifty-two week low of C$1,425.00 and a fifty-two week high of C$2,508.57.

Insiders Place Their Bets

In other news, Director Kleven Sava sold 181 shares of the business’s stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of C$2,465.95, for a total transaction of C$446,336.95. Also, insider Andrew Barnard sold 500 shares of the business’s stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of C$2,274.20, for a total transaction of C$1,137,100.00. In the last three months, insiders bought 19 shares of company stock valued at $45,878 and sold 2,524 shares valued at $5,967,886. 3.76% of the stock is currently owned by corporate insiders.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.