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

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) have earned an average rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company.

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

Fairfax Financial Stock Performance

Shares of FRFHF stock opened at $1,580.00 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. Fairfax Financial has a 52 week low of $1,500.00 and a 52 week high of $1,949.00. The stock has a market capitalization of $32.86 billion, a PE ratio of 7.74 and a beta of 0.45. The firm has a 50 day moving average of $1,621.54 and a two-hundred day moving average of $1,647.80.

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.