Fairfax Financial (TSE:FFH) Trading 0.2% Higher – Should You Buy?

Fairfax Financial Holdings Limited (TSE:FFH) shares traded up 0.2% during trading on Friday . The stock traded as high as C$2,051.71 and last traded at C$2,043.47. 37,363 shares were traded during mid-day trading, a decline of 49% from the average session volume of 73,020 shares. The stock had previously closed at C$2,039.99.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. BMO Capital Markets boosted their price target on Fairfax Financial from C$1,850.00 to C$2,200.00 in a research report on Monday, November 4th. Scotiabank upped their target price on Fairfax Financial from C$2,100.00 to C$2,200.00 in a research report on Monday, November 4th. CIBC upped their target price on Fairfax Financial from C$2,200.00 to C$2,400.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. Finally, Cormark upped their target price on Fairfax Financial from C$2,125.00 to C$2,250.00 in a research report on Tuesday, February 18th.

Fairfax Financial Trading Up 2.0 %

The company has a 50-day moving average of C$2,003.29 and a 200-day moving average of C$1,841.27. The company has a market capitalization of C$33.36 billion, a price-to-earnings ratio of 7.96, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83.

Insider Buying and Selling at Fairfax Financial

In other news, Director Brian Johnston Porter purchased 100 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were acquired at an average price of C$2,104.88 per share, for a total transaction of C$210,488.00. Also, Director R. William Mcfarland sold 4,800 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of C$25.21, for a total value of C$121,008.00. In the last 90 days, insiders have bought 111 shares of company stock worth $232,454. 3.76% of the stock is currently owned by insiders.

Fairfax Financial Company Profile

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.