Fairfax Financial (TSE:FFH) Given a C$2,050.00 Price Target at Royal Bank Of Canada

Royal Bank Of Canada set a C$2,050.00 price objective on Fairfax Financial (TSE:FFH) in a research report report published on Wednesday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other analysts have also commented on FFH. CIBC increased their price target on shares of Fairfax Financial from C$2,500.00 to C$2,700.00 in a research report on Friday, May 2nd. National Bankshares boosted their price objective on shares of Fairfax Financial from C$2,600.00 to C$2,700.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 30th. Cormark lifted their price target on shares of Fairfax Financial from C$2,250.00 to C$2,700.00 in a report on Monday, May 5th. Raymond James Financial set a C$2,600.00 price target on Fairfax Financial and gave the stock an “outperform” rating in a research report on Friday, April 11th. Finally, BMO Capital Markets raised their price objective on Fairfax Financial from C$2,400.00 to C$2,500.00 in a research report on Monday, May 5th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$2,535.71.

Fairfax Financial Trading Down 0.0%

FFH opened at C$2,415.79 on Wednesday. The firm has a market cap of C$38.75 billion, a price-to-earnings ratio of 9.25, a PEG ratio of 0.27 and a beta of 0.83. Fairfax Financial has a 12 month low of C$1,425.00 and a 12 month high of C$2,447.30. The stock has a fifty day moving average price of C$2,215.21 and a 200-day moving average price of C$2,077.94.

Insider Transactions at Fairfax Financial

In other Fairfax Financial news, insider Andrew Barnard sold 500 shares of the firm’s stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of C$2,274.20, for a total transaction of C$1,137,100.00. Also, Director Roger Lace sold 100 shares of the business’s stock in a transaction on Monday, May 5th. The shares were sold at an average price of C$2,210.87, for a total transaction of C$221,087.00. Over the last ninety days, insiders sold 1,427 shares of company stock worth $3,244,167. Company 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.