Analysts Set Fairfax Financial Holdings Limited (TSE:FFH) Price Target at C$2,743.75

Fairfax Financial Holdings Limited (TSE:FFH) has been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$2,743.75.

Several brokerages have recently issued reports on FFH. ATB Cormark Capital Markets upped their price objective on Fairfax Financial from C$2,500.00 to C$2,600.00 and gave the stock a “sector perform” rating in a report on Monday, February 23rd. Scotiabank upped their price objective on Fairfax Financial from C$3,050.00 to C$3,150.00 in a report on Friday, January 30th. National Bank Financial set a C$3,200.00 price objective on Fairfax Financial and gave the stock an “outperform” rating in a report on Wednesday, February 4th. BMO Capital Markets cut Fairfax Financial from an “outperform” rating to a “hold” rating and decreased their price objective for the stock from C$2,600.00 to C$2,500.00 in a report on Thursday, January 22nd. Finally, Royal Bank Of Canada set a C$2,200.00 price objective on Fairfax Financial and gave the stock an “outperform” rating in a report on Monday, January 26th.

Fairfax Financial Trading Down 0.2%

TSE FFH opened at C$2,390.89 on Tuesday. The stock’s 50 day moving average is C$2,342.91 and its 200 day moving average is C$2,382.79. Fairfax Financial has a 12 month low of C$2,022.50 and a 12 month high of C$2,700.00. The stock has a market cap of C$51.28 billion, a PE ratio of 11.18, a P/E/G ratio of 0.27 and a beta of 0.33.

Fairfax Financial (TSE:FFH) last issued its quarterly earnings data on Thursday, February 19th. The company reported C$79.02 earnings per share (EPS) for the quarter. The business had revenue of C$17.53 billion for the quarter. Fairfax Financial had a return on equity of 18.62% and a net margin of 15.70%. On average, analysts forecast that Fairfax Financial will post 212.3039807 EPS for the current fiscal year.

About Fairfax Financial

Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.