Royal Bank Of Canada Increases Fairfax Financial Holdings Ltd (FFH) Price Target to C$625.00
Fairfax Financial Holdings Ltd (TSE:FFH) had its price target lifted by Royal Bank Of Canada from C$550.00 to C$625.00 in a research report issued to clients and investors on Monday. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential downside of 7.57% from the stock’s previous close.
FFH has been the topic of a number of other research reports. CIBC upgraded Fairfax Financial Holdings from an “underperform” rating to a “neutral” rating and set a C$600.00 price objective on the stock in a research note on Monday, July 24th. BMO Capital Markets increased their price target on Fairfax Financial Holdings from C$700.00 to C$740.00 in a research note on Friday. Finally, Fairfax Financial Holdings Ltd. increased their price target on Fairfax Financial Holdings from C$525.00 to C$550.00 and gave the company an “outperform” rating in a research note on Wednesday, August 16th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of C$660.00.
Shares of Fairfax Financial Holdings (FFH) traded up C$1.44 during trading on Monday, hitting C$676.18. The stock had a trading volume of 11,120 shares.
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Fairfax Financial Holdings Company Profile
Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. It operates through Insurance and Reinsurance, Runoff, and Other segments. The company also underwrites specialty insurance and reinsurance; develops, produces, markets, and distributes television programs; and owns and operates premium dining restaurants and holiday resorts.
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