Brokerages Set Fairfax Financial Holdings Limited (TSE:FFH) PT at C$2,730.14

Fairfax Financial Holdings Limited (TSE:FFH) has received a consensus recommendation of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is C$2,730.14.

FFH has been the subject of a number of research reports. Royal Bank Of Canada boosted their target price on shares of Fairfax Financial from C$2,234.00 to C$2,261.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Canadian Imperial Bank of Commerce set a C$2,350.00 price target on shares of Fairfax Financial and gave the company a “neutral” rating in a research note on Friday, June 26th. BMO Capital Markets lowered their price objective on Fairfax Financial from C$2,550.00 to C$2,400.00 in a report on Monday, May 4th. National Bank Financial boosted their price objective on Fairfax Financial from C$3,200.00 to C$3,300.00 in a research note on Wednesday, April 29th. Finally, Raymond James Financial boosted their price objective on Fairfax Financial from C$3,000.00 to C$3,050.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th.

Fairfax Financial Price Performance

Fairfax Financial stock opened at C$2,324.03 on Thursday. The company’s fifty day moving average price is C$2,279.90 and its 200 day moving average price is C$2,329.37. Fairfax Financial has a 1 year low of C$2,066.16 and a 1 year high of C$2,700.00. The stock has a market capitalization of C$47.93 billion, a P/E ratio of 11.49, a P/E/G ratio of 0.27 and a beta of 0.31. The company has a debt-to-equity ratio of 54.00, a quick ratio of 0.93 and a current ratio of 2.65.

Fairfax Financial (TSE:FFH) last posted its quarterly earnings data on Thursday, April 30th. The company reported C$43.25 earnings per share for the quarter. The company had revenue of C$15.57 billion during the quarter. Fairfax Financial had a net margin of 15.41% and a return on equity of 17.32%. As a group, equities research analysts anticipate that Fairfax Financial will post 212.3039807 earnings per share 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.