Fairfax Financial (TSE:FFH) PT Set at C$2,200.00 by Royal Bank Of Canada

Fairfax Financial (TSE:FFH) has been given a C$2,200.00 target price by analysts at Royal Bank Of Canada in a note issued to investors on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential downside of 2.26% from the company’s current price.

FFH has been the subject of several other reports. Scotiabank lifted their target price on shares of Fairfax Financial from C$2,900.00 to C$3,050.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Raymond James Financial lowered their price objective on Fairfax Financial from C$3,050.00 to C$2,900.00 in a research report on Monday, November 10th. BMO Capital Markets downgraded Fairfax Financial from an “outperform” rating to a “hold” rating and reduced their target price for the stock from C$2,600.00 to C$2,500.00 in a research report on Thursday, January 22nd. Finally, National Bankshares raised their price target on Fairfax Financial from C$3,000.00 to C$3,200.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Fairfax Financial has an average rating of “Moderate Buy” and an average price target of C$2,750.00.

Fairfax Financial Trading Down 2.6%

Shares of FFH stock opened at C$2,250.96 on Monday. The firm has a 50-day moving average price of C$2,472.88 and a 200 day moving average price of C$2,412.67. Fairfax Financial has a twelve month low of C$1,836.92 and a twelve month high of C$2,700.00. The company has a market capitalization of C$49.81 billion, a price-to-earnings ratio of 10.90, a PEG ratio of 0.27 and a beta of 0.40.

Fairfax Financial (TSE:FFH) last released its quarterly earnings results on Thursday, November 6th. The company reported C$52.04 earnings per share (EPS) for the quarter. The company had revenue of C$17.72 billion for the quarter. Fairfax Financial had a net margin of 13.90% and a return on equity of 17.43%. As a group, research analysts predict that Fairfax Financial will post 212.3039807 earnings per share for the current year.

Fairfax Financial Company Profile

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