Fairfax Financial (TSE:FFH) Given New C$2,500.00 Price Target at ATB Cormark Capital Markets

Fairfax Financial (TSE:FFH – Get Free Report) had its price target decreased by stock analysts at ATB Cormark Capital Markets from C$2,600.00 to C$2,500.00 in a note issued to investors on Thursday, BayStreet reports. The brokerage currently has a “sector perform” rating on the stock. ATB Cormark Capital Markets’ price target points to a potential upside of 12.34% from the stock’s current price.

FFH has been the subject of a number of other research reports. National Bank Financial lifted their price objective on Fairfax Financial from C$3,300.00 to C$3,450.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Canadian Imperial Bank of Commerce set a C$2,350.00 price target on Fairfax Financial and gave the company a “neutral” rating in a report on Friday, June 26th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$2,737.29.

Get Fairfax Financial alerts:

View Our Latest Report on FFH

Fairfax Financial Stock Up 1.2%

Shares of TSE FFH traded up C$25.38 on Thursday, reaching C$2,225.30. 54,052 shares of the company’s stock traded hands, compared to its average volume of 70,891. Fairfax Financial has a 12 month low of C$2,066.16 and a 12 month high of C$2,700.00. The business’s 50 day simple moving average is C$2,272.82 and its two-hundred day simple moving average is C$2,298.98. The company has a market cap of C$46.22 billion, a price-to-earnings ratio of 10.92, a price-to-earnings-growth ratio of 0.27 and a beta of 0.34. The company has a quick ratio of 0.93, a current ratio of 2.03 and a debt-to-equity ratio of 54.38.

Fairfax Financial (TSE:FFH – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported C$90.05 EPS for the quarter. The firm had revenue of C$18.46 billion for the quarter. Fairfax Financial had a return on equity of 16.94% and a net margin of 13.57%. As a group, equities research analysts forecast that Fairfax Financial will post 212.3039807 EPS for the current fiscal year.

About Fairfax Financial

(Get Free Report)

Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.

Recommended Stories

• Five stocks we like better than Fairfax Financial
• Want Private-Market Access to Kalshi and Polymarket? Try This ETF
• Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
• PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
• Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push

Receive News & Ratings for Fairfax Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fairfax Financial and related companies with MarketBeat.com's FREE daily email newsletter.