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

Fairfax Financial Holdings Limited (TSE:FFHGet Free Report) has received an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$2,793.50.

Several brokerages recently weighed in on FFH. ATB Cormark Capital Markets boosted their price target on shares of Fairfax Financial from C$2,500.00 to C$2,600.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. Scotiabank boosted their price target on shares of Fairfax Financial from C$3,050.00 to C$3,150.00 in a research report on Friday, January 30th. National Bank Financial boosted their price target 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 dropped their price objective on shares of Fairfax Financial from C$2,550.00 to C$2,400.00 in a research note on Monday, May 4th. Finally, Raymond James Financial boosted their price objective 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 report on Monday, May 4th.

Get Our Latest Stock Analysis on Fairfax Financial

Fairfax Financial Trading Up 1.6%

Shares of FFH opened at C$2,247.48 on Friday. The company’s fifty day moving average is C$2,351.95 and its 200 day moving average is C$2,376.65. Fairfax Financial has a fifty-two week low of C$2,145.00 and a fifty-two week high of C$2,700.00. The stock has a market capitalization of C$46.35 billion, a PE ratio of 11.12, a P/E/G ratio of 0.27 and a beta of 0.34. The company has a debt-to-equity ratio of 54.00, a quick ratio of 0.93 and a current ratio of 2.65.

Fairfax Financial (TSE:FFHGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported C$43.25 earnings per share for the quarter. Fairfax Financial had a net margin of 15.41% and a return on equity of 17.32%. The company had revenue of C$15.57 billion for the quarter. Sell-side analysts expect that Fairfax Financial will post 212.3039807 earnings per share for the current fiscal year.

About Fairfax Financial

(Get Free Report)

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

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Analyst Recommendations for Fairfax Financial (TSE:FFH)

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