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

Shares of Fairfax Financial Holdings Limited (TSE:FFH) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$2,730.14.

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

Fairfax Financial Stock Up 2.6%

Shares of TSE FFH opened at C$2,394.19 on Friday. The company has a market capitalization of C$49.38 billion, a P/E ratio of 11.84, a P/E/G ratio of 0.27 and a beta of 0.36. The company has a debt-to-equity ratio of 54.00, a current ratio of 2.65 and a quick ratio of 0.93. The company has a 50 day simple moving average of C$2,264.41 and a 200-day simple moving average of C$2,352.27. Fairfax Financial has a 1 year low of C$2,066.16 and a 1 year high of C$2,700.00.

Fairfax Financial (TSE:FFH) last issued its quarterly earnings data on Thursday, April 30th. The company reported C$43.25 earnings per share for the quarter. Fairfax Financial had a return on equity of 17.32% and a net margin of 15.41%.The company had revenue of C$15.57 billion during the quarter. On average, equities research analysts predict that Fairfax Financial will post 212.3039807 earnings per share for the current 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.