Fairfax Financial Holdings Limited (TSE:FFH) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Fairfax Financial Holdings Limited (TSE:FFH) have earned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$2,764.29.

A number of research firms recently weighed in on FFH. 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. Raymond James Financial decreased their target price on shares of Fairfax Financial from C$3,050.00 to C$2,900.00 in a research report on Monday, November 10th. Scotiabank upped their price target on shares of Fairfax Financial from C$3,050.00 to C$3,150.00 in a research note on Friday, January 30th. National Bank Financial set a C$3,200.00 price objective on shares of Fairfax Financial and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Finally, BMO Capital Markets lowered shares of Fairfax Financial from an “outperform” rating to a “hold” rating and lowered their target price for the stock from C$2,600.00 to C$2,500.00 in a research report on Thursday, January 22nd.

Fairfax Financial Stock Up 0.5%

TSE FFH opened at C$2,337.89 on Monday. The stock has a market capitalization of C$51.73 billion, a P/E ratio of 11.32, a P/E/G ratio of 0.27 and a beta of 0.15. Fairfax Financial has a 52-week low of C$1,836.92 and a 52-week high of C$2,700.00. The firm has a 50-day moving average price of C$2,439.97 and a 200 day moving average price of C$2,396.02.

Fairfax Financial (TSE:FFH) last announced its quarterly earnings data on Thursday, February 19th. The company reported C$79.02 earnings per share for the quarter. The company had revenue of C$17.53 billion for the quarter. Fairfax Financial had a return on equity of 17.43% and a net margin of 13.90%. On average, equities research analysts expect that Fairfax Financial will post 212.3039807 earnings per share 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.