Fairfax Financial (TSE:FFH) Given a C$3,200.00 Price Target at National Bankshares

National Bankshares set a C$3,200.00 price target on Fairfax Financial (TSE:FFH) in a report issued on Wednesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other equities research analysts have also recently commented on FFH. Scotiabank increased their target price on Fairfax Financial from C$3,050.00 to C$3,150.00 in a research note on Friday, January 30th. Raymond James Financial reduced their price objective on shares of Fairfax Financial from C$3,050.00 to C$2,900.00 in a research note on Monday, November 10th. BMO Capital Markets downgraded shares of Fairfax Financial from an “outperform” rating to a “hold” rating and dropped their target price for the stock from C$2,600.00 to C$2,500.00 in a research note on Thursday, January 22nd. Finally, Royal Bank Of Canada set a C$2,200.00 price target on shares of Fairfax Financial and gave the company an “outperform” rating in a report on Monday, January 26th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$2,764.29.

Fairfax Financial Stock Performance

Shares of FFH opened at C$2,299.53 on Wednesday. Fairfax Financial has a fifty-two week low of C$1,836.92 and a fifty-two week high of C$2,700.00. The firm’s 50-day simple moving average is C$2,455.19 and its two-hundred day simple moving average is C$2,404.69. The stock has a market cap of C$50.88 billion, a PE ratio of 11.14, a price-to-earnings-growth ratio of 0.27 and a beta of 0.15.

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