Fairfax Financial Holdings Limited (TSE:FFH) Receives C$2,764.29 Consensus PT from Brokerages

Fairfax Financial Holdings Limited (TSE:FFH) has been given an average recommendation of “Moderate Buy” by the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$2,764.29.

Several equities analysts have recently issued reports on the company. Raymond James Financial lowered their price target on Fairfax Financial from C$3,050.00 to C$2,900.00 in a research report on Monday, November 10th. BMO Capital Markets cut their price target on shares of Fairfax Financial from C$2,700.00 to C$2,600.00 in a report on Monday, November 10th. National Bankshares boosted their price objective on shares of Fairfax Financial from C$3,000.00 to C$3,200.00 and gave the stock an “outperform” rating in a report on Monday, October 27th. Finally, Scotiabank upped their price objective on Fairfax Financial from C$2,900.00 to C$3,050.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd.

Fairfax Financial Price Performance

TSE:FFH opened at C$2,613.74 on Friday. Fairfax Financial has a 1-year low of C$1,836.92 and a 1-year high of C$2,700.00. The firm’s 50-day moving average price is C$2,431.68 and its 200-day moving average price is C$2,414.60. The company has a market capitalization of C$57.84 billion, a PE ratio of 12.66, a P/E/G ratio of 0.27 and a beta of 0.40.

Fairfax Financial (TSE:FFH) last issued its quarterly earnings results on Thursday, November 6th. The company reported C$52.04 EPS for the quarter. The firm had revenue of C$17.72 billion for the quarter. Fairfax Financial had a return on equity of 17.43% and a net margin of 13.90%. Equities analysts anticipate that Fairfax Financial will post 212.3039807 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.