Analysts Set Fairfax Financial Holdings Limited (TSE:FFH) PT at C$2,751.57

Fairfax Financial Holdings Limited (TSE:FFH – Get Free Report) has been given an average rating of “Moderate Buy” by the seven ratings firms that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$2,751.57.

FFH has been the subject of several analyst reports. National Bank Financial raised their price target on shares of Fairfax Financial from C$3,300.00 to C$3,450.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Canadian Imperial Bank of Commerce set a C$2,350.00 price objective on shares of Fairfax Financial and gave the stock a “neutral” rating in a research report on Friday, June 26th.

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Fairfax Financial Trading Down 0.1%

Shares of FFH stock opened at C$2,303.82 on Friday. The stock has a market cap of C$47.85 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 0.27 and a beta of 0.31. The stock has a 50-day moving average of C$2,305.32 and a 200-day moving average of C$2,307.45. The company has a current ratio of 2.03, a quick ratio of 0.93 and a debt-to-equity ratio of 54.38. Fairfax Financial has a 1-year low of C$2,066.16 and a 1-year high of C$2,700.00.

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

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