Fairfax Financial Holdings Ltd (FFH) PT Raised to C$550.00 at Royal Bank Of Canada
Fairfax Financial Holdings Ltd (TSE:FFH) had its price objective hoisted by Royal Bank Of Canada from C$525.00 to C$550.00 in a report published on Tuesday. They currently have an outperform rating on the stock.
Separately, CIBC raised shares of 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.
Shares of Fairfax Financial Holdings (TSE FFH) opened at 599.14 on Tuesday. The firm’s market cap is $13.82 billion. The stock’s 50 day moving average is $573.09 and its 200-day moving average is $602.04. Fairfax Financial Holdings has a 12-month low of $547.95 and a 12-month high of $777.45.
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In related news, Director Michael Wacek bought 499 shares of the company’s stock in a transaction on Monday, June 26th. The shares were purchased at an average cost of C$420.00 per share, for a total transaction of C$209,580.00. Also, Director F. Brian Bradstreet bought 1,000 shares of the company’s stock in a transaction on Friday, June 16th. The shares were bought at an average price of C$562.42 per share, for a total transaction of C$562,420.00.
About Fairfax Financial Holdings
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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