Fairfax Financial (TSE:FFH) Shares Up 0.1% – Should You Buy?

Fairfax Financial Holdings Limited (TSE:FFH) shares traded up 0.1% during trading on Friday . The company traded as high as C$2,051.71 and last traded at C$2,042.60. 24,687 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 72,715 shares. The stock had previously closed at C$2,039.99.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. BMO Capital Markets lifted their price objective on Fairfax Financial from C$1,850.00 to C$2,200.00 in a report on Monday, November 4th. Cormark lifted their price target on shares of Fairfax Financial from C$2,125.00 to C$2,250.00 in a research note on Tuesday, February 18th. CIBC lifted their price target on shares of Fairfax Financial from C$2,200.00 to C$2,400.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Finally, Scotiabank boosted their target price on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 in a research report on Monday, November 4th.

Fairfax Financial Stock Performance

The stock has a fifty day moving average price of C$2,003.29 and a two-hundred day moving average price of C$1,841.27. The firm has a market capitalization of C$33.36 billion, a P/E ratio of 7.96, a P/E/G ratio of 0.27 and a beta of 0.83.

Insider Activity at Fairfax Financial

In related news, Director Brian Johnston Porter acquired 100 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average cost of C$2,104.88 per share, for a total transaction of C$210,488.00. Also, Director R. William Mcfarland sold 4,800 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of C$25.21, for a total value of C$121,008.00. Insiders acquired a total of 111 shares of company stock valued at $232,454 in the last quarter. Insiders own 3.76% of the company’s stock.

About Fairfax Financial

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. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.