Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) Stock Rated “Hold” by Wall Street Brokerages

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) have earned a consensus rating of “Hold” from the six analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company.

Several research analysts have issued reports on FRFHF shares. Zacks Research cut shares of Fairfax Financial from a “hold” rating to a “strong sell” rating in a report on Monday, October 5th. Scotiabank restated an “outperform” rating on shares of Fairfax Financial in a report on Friday, July 24th. Finally, Canadian Imperial Bank of Commerce started coverage on shares of Fairfax Financial in a report on Friday, June 26th. They issued a “neutral” rating for the company.

Fairfax Financial Stock Up 1.0%

OTCMKTS FRFHF opened at $1,575.75 on Tuesday. The company has a quick ratio of 3.60, a current ratio of 3.60 and a debt-to-equity ratio of 0.46. The company has a fifty day moving average of $1,623.70 and a two-hundred day moving average of $1,649.27. The firm has a market capitalization of $32.78 billion, a price-to-earnings ratio of 7.72 and a beta of 0.45. Fairfax Financial has a 52 week low of $1,500.00 and a 52 week high of $1,949.00.

About Fairfax Financial

Fairfax Financial Holdings Limited is a Toronto-based holding company engaged primarily in property and casualty insurance and reinsurance. Through its subsidiaries and associated companies, Fairfax provides commercial and personal insurance products, specialty coverage, and reinsurance solutions to businesses, organizations, and individuals.

The company operates through a portfolio of insurance businesses in Canada, the United States, Europe, and other international markets. Its insurance interests have included Northbridge Financial, Crum & Forster, Odyssey Group, Allied World, Brit Insurance, and Eurolife, among others.