Analysts Set Fairfax Financial Holdings Limited (TSE:FFH) PT at C$2,742.86

Shares of Fairfax Financial Holdings Limited (TSE:FFH) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$2,742.86.

FFH has been the topic of several research analyst reports. Raymond James Financial upped their price target on shares of Fairfax Financial from C$2,600.00 to C$2,900.00 and gave the stock an “outperform” rating in a report on Monday, July 7th. BMO Capital Markets upped their target price on shares of Fairfax Financial from C$2,500.00 to C$2,800.00 in a research report on Friday, July 11th. National Bankshares upped their target price on shares of Fairfax Financial from C$2,700.00 to C$3,000.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 29th. Royal Bank Of Canada upped their target price on shares of Fairfax Financial from C$2,050.00 to C$2,200.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 5th. Finally, Cormark lowered shares of Fairfax Financial from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, August 6th.

Fairfax Financial Stock Performance

Fairfax Financial stock opened at C$2,448.26 on Friday. The stock has a market cap of C$54.45 billion, a P/E ratio of 12.44, a PEG ratio of 0.27 and a beta of 0.53. Fairfax Financial has a fifty-two week low of C$1,656.15 and a fifty-two week high of C$2,521.95. The firm’s fifty day moving average price is C$2,403.78 and its 200-day moving average price is C$2,294.87.

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.