Brokerages Set Fairfax Financial Holdings Limited (TSE:FFH) PT at C$2,764.29

Fairfax Financial Holdings Limited (TSE:FFH) has received an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$2,764.29.

A number of analysts have weighed in on FFH shares. Raymond James Financial decreased their target price on shares of Fairfax Financial from C$3,050.00 to C$2,900.00 in a research report on Monday, November 10th. BMO Capital Markets reduced their price objective on shares of Fairfax Financial from C$2,700.00 to C$2,600.00 in a research note on Monday, November 10th. National Bankshares lifted their target price on shares of Fairfax Financial from C$3,000.00 to C$3,200.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. Finally, Scotiabank boosted their target price on shares of Fairfax Financial from C$2,900.00 to C$3,050.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd.

Fairfax Financial Trading Down 1.2%

Shares of FFH opened at C$2,547.75 on Friday. The stock’s 50-day moving average price is C$2,413.30 and its two-hundred day moving average price is C$2,412.32. Fairfax Financial has a 12 month low of C$1,836.92 and a 12 month high of C$2,700.00. The company has a market capitalization of C$56.38 billion, a PE ratio of 12.34, a PEG 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 earnings per share for the quarter. Fairfax Financial had a return on equity of 17.43% and a net margin of 13.90%.The company had revenue of C$17.72 billion during the quarter. Equities research analysts predict 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.