Fairfax Financial (TSE:FFH) Price Target Raised to C$2,200.00 at Scotiabank

Fairfax Financial (TSE:FFH) had its price target lifted by Scotiabank from C$2,100.00 to C$2,200.00 in a research note issued to investors on Monday, BayStreet.CA reports.

A number of other analysts also recently commented on FFH. National Bankshares boosted their target price on Fairfax Financial from C$2,100.00 to C$2,200.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Royal Bank of Canada boosted their price objective on shares of Fairfax Financial from C$1,325.00 to C$1,425.00 and gave the stock an “outperform” rating in a research report on Thursday, October 3rd.

Fairfax Financial Price Performance

FFH stock opened at C$1,815.22 on Monday. The company has a market cap of C$42.31 billion, a price-to-earnings ratio of 8.08, a PEG ratio of 0.27 and a beta of 0.83. The company has a current ratio of 3.75, a quick ratio of 0.93 and a debt-to-equity ratio of 40.13. The firm has a 50 day moving average of C$1,687.31 and a 200-day moving average of C$1,590.26. Fairfax Financial has a 12-month low of C$1,171.70 and a 12-month high of C$1,890.36.

Insider Buying and Selling at Fairfax Financial

In other news, Director Brian David Young sold 4,280 shares of the business’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of C$1,617.96, for a total value of C$6,924,875.22. In related news, Senior Officer Peter Clarke sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of C$1,646.93, for a total transaction of C$3,293,860.00. Following the sale, the insider now owns 632 shares in the company, valued at approximately C$1,040,859.76. This trade represents a 0.00 % decrease in their ownership of the stock. Also, Director Brian David Young sold 4,280 shares of Fairfax Financial stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of C$1,617.96, for a total transaction of C$6,924,875.22. In the last 90 days, insiders have sold 6,953 shares of company stock worth $11,304,176. 3.76% of the stock is owned by insiders.

Fairfax Financial Company Profile

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.