Fairfax Financial (TSE:FFH) Given New C$3,450.00 Price Target at National Bank Financial

Fairfax Financial (TSE:FFH) had its price target upped by National Bank Financial from C$3,300.00 to C$3,450.00 in a report issued on Monday,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

Several other research analysts have also recently issued reports on FFH. Royal Bank Of Canada increased their price objective on 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. Raymond James Financial lifted their target price on Fairfax Financial from C$3,000.00 to C$3,050.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Canadian Imperial Bank of Commerce set a C$2,350.00 target price on Fairfax Financial and gave the stock a “neutral” rating in a report on Friday, June 26th. Finally, BMO Capital Markets lowered their target price on Fairfax Financial from C$2,550.00 to C$2,400.00 in a report on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Fairfax Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of C$2,751.57.

Fairfax Financial Price Performance

Fairfax Financial stock opened at C$2,390.56 on Monday. The stock has a market cap of C$49.30 billion, a price-to-earnings ratio of 11.82, a price-to-earnings-growth ratio of 0.27 and a beta of 0.31. The company has a debt-to-equity ratio of 54.00, a current ratio of 2.65 and a quick ratio of 0.93. Fairfax Financial has a 1 year low of C$2,066.16 and a 1 year high of C$2,700.00. The firm has a 50-day moving average of C$2,284.29 and a two-hundred day moving average of C$2,326.52.

Fairfax Financial (TSE:FFH) last issued its earnings results on Thursday, April 30th. The company reported C$43.25 EPS for the quarter. The business had revenue of C$15.57 billion for the quarter. Fairfax Financial had a net margin of 15.41% and a return on equity of 17.32%. On average, research analysts forecast that Fairfax Financial will post 212.3039807 earnings per share for the current 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.