Fairfax Financial (TSE:FFH) Price Target Raised to C$3,200.00

Fairfax Financial (TSE:FFH) had its target price hoisted by National Bankshares from C$3,000.00 to C$3,200.00 in a research report released on Monday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other equities analysts also recently issued reports on FFH. Scotiabank boosted their price target 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. BMO Capital Markets boosted their price target on shares of Fairfax Financial from C$2,500.00 to C$2,800.00 in a report on Friday, July 11th. Cormark downgraded shares of Fairfax Financial from a “moderate buy” rating to a “hold” rating in a report on Wednesday, August 6th. Royal Bank Of Canada boosted their price target on shares of Fairfax Financial from C$2,050.00 to C$2,200.00 and gave the company an “outperform” rating in a report on Tuesday, August 5th. Finally, Raymond James Financial boosted their price target 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 Thursday, October 16th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$2,814.29.

Fairfax Financial Price Performance

Fairfax Financial stock opened at C$2,253.87 on Monday. The company has a market cap of C$50.12 billion, a PE ratio of 11.45, a P/E/G ratio of 0.27 and a beta of 0.44. Fairfax Financial has a 12 month low of C$1,715.05 and a 12 month high of C$2,522.33. The company has a fifty day moving average price of C$2,394.09 and a two-hundred day moving average price of C$2,348.35.

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.