Fairfax Financial (TSE:FFH) PT Raised to C$1,800.00 at Cormark

Fairfax Financial (TSE:FFH) had its target price hoisted by investment analysts at Cormark from C$1,600.00 to C$1,800.00 in a report released on Thursday, BayStreet.CA reports. Cormark’s price target would indicate a potential upside of 18.91% from the company’s previous close. Cormark also issued estimates for Fairfax Financial’s FY2025 earnings at $201.65 EPS.

Several other research analysts have also commented on FFH. Scotiabank boosted their price objective on Fairfax Financial from C$1,650.00 to C$1,900.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. National Bankshares boosted their target price on Fairfax Financial from C$1,800.00 to C$2,000.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Royal Bank of Canada boosted their target price on Fairfax Financial from C$1,085.00 to C$1,200.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 20th. CIBC boosted their target price on Fairfax Financial from C$1,700.00 to C$2,000.00 in a research report on Wednesday, March 13th. Finally, BMO Capital Markets boosted their target price on Fairfax Financial from C$1,550.00 to C$1,650.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 20th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$1,758.33.

Fairfax Financial Stock Up 0.6 %

Shares of TSE FFH opened at C$1,513.79 on Thursday. Fairfax Financial has a 12 month low of C$904.60 and a 12 month high of C$1,563.49. The company has a current ratio of 6.07, a quick ratio of 0.93 and a debt-to-equity ratio of 38.98. The firm has a market capitalization of C$33.52 billion, a price-to-earnings ratio of 6.46, a PEG ratio of 0.27 and a beta of 0.86. The business has a 50-day moving average of C$1,459.01 and a 200-day moving average of C$1,308.69.

Fairfax Financial (TSE:FFH) last issued its quarterly earnings data on Thursday, February 15th. The company reported C$71.98 EPS for the quarter, missing the consensus estimate of C$81.40 by C($9.42). Fairfax Financial had a return on equity of 20.09% and a net margin of 13.76%. The business had revenue of C$9.40 billion for the quarter, compared to analysts’ expectations of C$10.25 billion. Sell-side analysts expect that Fairfax Financial will post 189.55125 earnings per share for the current fiscal year.

Insider Buying and Selling at Fairfax Financial

In related news, Director Christine N. Mclean acquired 80 shares of the stock in a transaction on Wednesday, February 21st. The stock was purchased at an average price of C$1,349.98 per share, for a total transaction of C$107,998.40. Following the completion of the transaction, the director now owns 589 shares of the company’s stock, valued at approximately C$795,138.22. In related news, Director Christine N. Mclean acquired 80 shares of the stock in a transaction on Wednesday, February 21st. The stock was purchased at an average price of C$1,349.98 per share, for a total transaction of C$107,998.40. Following the completion of the transaction, the director now owns 589 shares of the company’s stock, valued at approximately C$795,138.22. Also, Director Eric Salsberg sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of C$1,485.00, for a total value of C$1,485,000.00. Over the last 90 days, insiders purchased 190 shares of company stock worth $273,877 and sold 4,572 shares worth $5,835,859. Corporate insiders own 3.63% of the company’s stock.

About Fairfax Financial

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.