Fairfax Financial (OTCMKTS:FRFHF) Reaches New 1-Year High at $858.69

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) reached a new 52-week high during trading on Tuesday . The stock traded as high as $858.69 and last traded at $852.00, with a volume of 10804 shares traded. The stock had previously closed at $845.20.

Analyst Ratings Changes

Several research firms have issued reports on FRFHF. BMO Capital Markets upped their target price on shares of Fairfax Financial from C$1,350.00 to C$1,400.00 in a research note on Monday, August 7th. National Bank Financial boosted their target price on shares of Fairfax Financial from C$1,600.00 to C$1,700.00 in a research note on Tuesday, August 8th. CIBC lifted their price objective on Fairfax Financial from C$1,300.00 to C$1,400.00 in a report on Friday, August 4th. Finally, Royal Bank of Canada increased their target price on Fairfax Financial from C$875.00 to C$980.00 in a report on Monday, August 7th.

Fairfax Financial Stock Up 0.8 %

The company’s 50 day moving average price is $808.48 and its two-hundred day moving average price is $736.65. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 0.38. The firm has a market cap of $20.75 billion, a PE ratio of 5.53 and a beta of 0.86.

Fairfax Financial (OTCMKTS:FRFHF) last posted its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $28.80 earnings per share for the quarter. The firm had revenue of $6.65 billion for the quarter. Fairfax Financial had a return on equity of 18.89% and a net margin of 13.18%.

Fairfax Financial Company Profile

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.