Fairfax Financial (TSE:FFH) PT Set at C$3,200.00 by National Bankshares

Fairfax Financial (TSE:FFH) has been assigned a C$3,200.00 price objective by equities researchers at National Bankshares in a report released on Wednesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target would indicate a potential upside of 38.22% from the stock’s current price.

A number of other research firms also recently commented on FFH. Royal Bank Of Canada set a C$2,200.00 target price on shares of Fairfax Financial and gave the company an “outperform” rating in a research report on Monday, January 26th. Raymond James Financial decreased their price objective on shares of Fairfax Financial from C$3,050.00 to C$2,900.00 in a research note on Monday, November 10th. BMO Capital Markets cut Fairfax Financial from an “outperform” rating to a “hold” rating and cut 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, Scotiabank upped their target price on Fairfax Financial from C$3,050.00 to C$3,150.00 in a research report on Friday, January 30th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Fairfax Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of C$2,764.29.

Fairfax Financial Stock Performance

FFH opened at C$2,315.21 on Wednesday. Fairfax Financial has a one year low of C$1,836.92 and a one year high of C$2,700.00. The company has a market cap of C$51.23 billion, a P/E ratio of 11.21, a PEG ratio of 0.27 and a beta of 0.15. The business’s 50-day simple moving average is C$2,453.20 and its 200-day simple moving average is C$2,404.07.

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

About Fairfax Financial

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