Fairfax Financial Holdings Limited (TSE:FFH) Given Average Rating of “Moderate Buy” by Analysts

Fairfax Financial Holdings Limited (TSE:FFH) has been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$2,730.14.

FFH has been the topic of a number of recent research reports. National Bank Financial upped their target price on shares of Fairfax Financial from C$3,200.00 to C$3,300.00 in a research report on Wednesday, April 29th. BMO Capital Markets lowered their price target on shares of Fairfax Financial from C$2,550.00 to C$2,400.00 in a research report on Monday, May 4th. Royal Bank Of Canada boosted their price objective on shares of Fairfax Financial from C$2,234.00 to C$2,261.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Canadian Imperial Bank of Commerce set a C$2,350.00 price objective on shares of Fairfax Financial and gave the stock a “neutral” rating in a report on Friday, June 26th. Finally, Raymond James Financial raised their target price on shares of Fairfax Financial from C$3,000.00 to C$3,050.00 and gave the company an “outperform” rating in a research note on Monday, May 4th.

Fairfax Financial Price Performance

Shares of FFH stock opened at C$2,274.30 on Thursday. The business’s fifty day moving average is C$2,275.05 and its 200 day moving average is C$2,331.68. The company has a quick ratio of 0.93, a current ratio of 2.65 and a debt-to-equity ratio of 54.00. The stock has a market cap of C$46.91 billion, a price-to-earnings ratio of 11.25, a PEG ratio of 0.27 and a beta of 0.31. Fairfax Financial has a twelve month low of C$2,066.16 and a twelve month high of C$2,700.00.

Fairfax Financial (TSE:FFH) last announced its quarterly earnings data on Thursday, April 30th. The company reported C$43.25 EPS for the quarter. The business had revenue of C$15.57 billion during the quarter. Fairfax Financial had a return on equity of 17.32% and a net margin of 15.41%. Research analysts expect that Fairfax Financial will post 212.3039807 EPS for the current fiscal 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.