Fairfax Financial (TSE:FFH) Given a C$2,200.00 Price Target at Royal Bank Of Canada

Royal Bank Of Canada set a C$2,200.00 target price on Fairfax Financial (TSE:FFH) in a research note published on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other brokerages have also recently commented on FFH. Raymond James Financial decreased their price target on shares of Fairfax Financial from C$3,050.00 to C$2,900.00 in a research report on Monday, November 10th. Scotiabank lifted their target price on Fairfax Financial from C$2,900.00 to C$3,050.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. National Bankshares upped their price target on Fairfax Financial from C$3,000.00 to C$3,200.00 and gave the stock an “outperform” rating in a report on Monday, October 27th. Finally, BMO Capital Markets lowered Fairfax Financial from an “outperform” rating to a “hold” rating and reduced their price target for the company from C$2,600.00 to C$2,500.00 in a research report on Thursday, January 22nd. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$2,750.00.

Fairfax Financial Price Performance

TSE FFH opened at C$2,310.73 on Monday. The company has a market cap of C$51.13 billion, a P/E ratio of 11.19, a P/E/G ratio of 0.27 and a beta of 0.40. The stock has a 50-day moving average of C$2,474.99 and a two-hundred day moving average of C$2,414.19. Fairfax Financial has a 1-year low of C$1,836.92 and a 1-year high of C$2,700.00.

Fairfax Financial (TSE:FFH) last issued its quarterly earnings results on Thursday, November 6th. The company reported C$52.04 earnings per share (EPS) for the quarter. The business had revenue of C$17.72 billion for the quarter. Fairfax Financial had a net margin of 13.90% and a return on equity of 17.43%. On average, analysts anticipate that Fairfax Financial will post 212.3039807 EPS for the current fiscal 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.