Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) have been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several research firms have issued reports on FRFHF. Cormark lowered Fairfax Financial from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, August 6th. National Bankshares reiterated an “outperform” rating on shares of Fairfax Financial in a research note on Monday, October 27th. Raymond James Financial reiterated an “outperform” rating on shares of Fairfax Financial in a research note on Thursday, October 16th. Scotiabank reissued an “outperform” rating on shares of Fairfax Financial in a report on Wednesday, October 22nd. Finally, Wall Street Zen raised shares of Fairfax Financial from a “hold” rating to a “buy” rating in a research note on Sunday, August 31st.

Fairfax Financial Stock Up 2.6%

Shares of OTCMKTS:FRFHF opened at $1,675.81 on Friday. The company has a quick ratio of 4.20, a current ratio of 4.20 and a debt-to-equity ratio of 0.45. The business’s 50 day moving average is $1,691.69 and its 200 day moving average is $1,711.06. The stock has a market cap of $37.28 billion, a P/E ratio of 8.49 and a beta of 0.76. Fairfax Financial has a 52-week low of $1,292.53 and a 52-week high of $1,833.48.

Fairfax Financial (OTCMKTS:FRFHF) last issued its earnings results on Thursday, November 6th. The financial services provider reported $52.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $41.00 by $11.04. The company had revenue of $8.26 billion for the quarter, compared to analysts’ expectations of $8.57 billion. Fairfax Financial had a net margin of 14.68% and a return on equity of 16.39%. Sell-side analysts predict that Fairfax Financial will post 166.85 EPS for the current year.

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.