Fairfax Financial Holdings Limited (TSE:FFH) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Fairfax Financial Holdings Limited (TSE:FFH) have received a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$2,730.14.

Several analysts have recently commented on FFH shares. Canadian Imperial Bank of Commerce set a C$2,350.00 target price on Fairfax Financial and gave the company a “neutral” rating in a research note on Friday. Royal Bank Of Canada raised their target price on Fairfax Financial from C$2,234.00 to C$2,261.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. Raymond James Financial raised their target price on Fairfax Financial from C$3,000.00 to C$3,050.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. National Bank Financial raised their target price on Fairfax Financial from C$3,200.00 to C$3,300.00 in a research note on Wednesday, April 29th. Finally, BMO Capital Markets reduced their target price on Fairfax Financial from C$2,550.00 to C$2,400.00 in a research note on Monday, May 4th.

Fairfax Financial Stock Performance

Shares of FFH opened at C$2,347.02 on Friday. The company has a debt-to-equity ratio of 54.00, a current ratio of 2.65 and a quick ratio of 0.93. The stock has a 50-day moving average of C$2,272.48 and a 200-day moving average of C$2,355.18. The company has a market cap of C$48.40 billion, a PE ratio of 11.61, a P/E/G ratio of 0.27 and a beta of 0.36. Fairfax Financial has a one year low of C$2,066.16 and a one year high of C$2,700.00.

Fairfax Financial (TSE:FFH) last issued its earnings results on Thursday, April 30th. The company reported C$43.25 EPS for the quarter. The company had revenue of C$15.57 billion during the quarter. Fairfax Financial had a return on equity of 17.32% and a net margin of 15.41%. On average, equities research analysts predict that Fairfax Financial will post 212.3039807 EPS for the current fiscal 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.