Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) Receives $1,500.00 Consensus PT from Analysts

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) have earned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $1,500.00.

A number of brokerages recently commented on FRFHF. Cormark cut Fairfax Financial from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, August 6th. Raymond James Financial reaffirmed an “outperform” rating on shares of Fairfax Financial in a research note on Thursday, October 16th. Scotiabank reaffirmed an “outperform” rating on shares of Fairfax Financial in a research note on Wednesday. Finally, Wall Street Zen raised Fairfax Financial from a “hold” rating to a “buy” rating in a research note on Sunday, August 31st.

Fairfax Financial Stock Up 0.9%

OTCMKTS FRFHF opened at $1,661.79 on Tuesday. The stock has a fifty day moving average of $1,728.73 and a 200-day moving average of $1,688.88. The stock has a market capitalization of $37.36 billion, a P/E ratio of 8.42 and a beta of 0.80. Fairfax Financial has a 52 week low of $1,232.69 and a 52 week high of $1,833.48. The company has a debt-to-equity ratio of 0.45, a quick ratio of 4.20 and a current ratio of 4.20.

Fairfax Financial (OTCMKTS:FRFHF) last announced its quarterly earnings data on Thursday, July 31st. The financial services provider reported $61.61 EPS for the quarter, topping analysts’ consensus estimates of $60.25 by $1.36. Fairfax Financial had a return on equity of 16.39% and a net margin of 14.68%.The business had revenue of $9.18 billion during the quarter, compared to analysts’ expectations of $9.30 billion. On average, equities research analysts forecast that Fairfax Financial will post 166.85 EPS for the current year.

Fairfax Financial Company Profile

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.