Fairfax Financial Holdings Limited (TSE:FFH) Stock Has Average Price Target of C$2,751.57

Fairfax Financial Holdings Limited (TSE:FFH) has been assigned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$2,737.29.

Several brokerages recently commented on FFH. ATB Cormark Capital Markets reduced their target price on Fairfax Financial from C$2,600.00 to C$2,500.00 and set a “sector perform” rating for the company in a research report on Thursday. Canadian Imperial Bank of Commerce set a C$2,350.00 target price on shares of Fairfax Financial and gave the company a “neutral” rating in a research note on Friday, June 26th. Finally, National Bank Financial increased their price target on Fairfax Financial from C$3,300.00 to C$3,450.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th.

Fairfax Financial Stock Performance

Shares of TSE FFH opened at C$2,223.45 on Tuesday. Fairfax Financial has a 12 month low of C$2,066.16 and a 12 month high of C$2,700.00. The company has a market cap of C$46.18 billion, a P/E ratio of 10.91, a P/E/G ratio of 0.27 and a beta of 0.34. The business’s 50 day moving average is C$2,270.08 and its two-hundred day moving average is C$2,297.85. The company has a quick ratio of 0.93, a current ratio of 2.03 and a debt-to-equity ratio of 54.38.

Fairfax Financial (TSE:FFH) last posted its quarterly earnings data on Thursday, July 30th. The company reported C$90.05 earnings per share for the quarter. Fairfax Financial had a return on equity of 16.94% and a net margin of 13.57%.The company had revenue of C$18.46 billion during the quarter. On average, equities analysts expect that Fairfax Financial will post 212.3039807 EPS for the current year.

Fairfax Financial Company Profile

Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.