Fairfax Financial (TSE:FFH) Price Target Raised to C$3,000.00

Fairfax Financial (TSE:FFH) had its target price lifted by National Bankshares from C$2,700.00 to C$3,000.00 in a report released on Tuesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

FFH has been the topic of a number of other reports. BMO Capital Markets boosted their price objective on shares of Fairfax Financial from C$2,500.00 to C$2,800.00 in a research report on Friday, July 11th. Royal Bank Of Canada raised shares of Fairfax Financial to a “moderate buy” rating and set a C$2,050.00 target price for the company in a research report on Wednesday, June 18th. Cormark boosted their target price on shares of Fairfax Financial from C$2,250.00 to C$2,700.00 in a research report on Monday, May 5th. Raymond James Financial boosted their target price on shares of Fairfax Financial from C$2,600.00 to C$2,900.00 and gave the stock an “outperform” rating in a research report on Monday, July 7th. Finally, Scotiabank boosted their target price on shares of Fairfax Financial from C$2,500.00 to C$2,900.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$2,721.43.

Fairfax Financial Stock Performance

Shares of FFH opened at C$2,450.76 on Tuesday. The company’s 50 day moving average price is C$2,402.17 and its 200 day moving average price is C$2,175.01. Fairfax Financial has a 52 week low of C$1,425.00 and a 52 week high of C$2,521.95. The company has a market capitalization of C$39.31 billion, a PE ratio of 9.38, a PEG ratio of 0.27 and a beta of 0.83.

Insiders Place Their Bets

In other news, Director Kleven Sava sold 181 shares of the business’s stock in a transaction on Monday, June 23rd. The shares were sold at an average price of C$2,465.95, for a total value of C$446,336.95. Also, Senior Officer Jean Cloutier sold 216 shares of the business’s stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of C$2,431.86, for a total transaction of C$525,281.76. In the last three months, insiders acquired 19 shares of company stock valued at $45,878 and sold 2,524 shares valued at $5,967,886. Corporate insiders own 3.76% of the company’s stock.

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.