Fairfax Financial (TSE:FFH) Given New C$2,125.00 Price Target at Cormark

Fairfax Financial (TSE:FFH) had its price objective upped by Cormark from C$1,800.00 to C$2,125.00 in a research report released on Monday morning, BayStreet.CA reports.

Other equities research analysts have also recently issued research reports about the stock. National Bankshares raised their price objective on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Scotiabank raised their price target on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 in a research report on Monday. Finally, Royal Bank of Canada upped 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 Stock Down 3.9 %

Shares of FFH opened at C$1,815.22 on Monday. The stock’s 50-day moving average price is C$1,687.31 and its 200-day moving average price is C$1,590.26. The company has a quick ratio of 0.93, a current ratio of 3.75 and a debt-to-equity ratio of 40.13. The company has a market capitalization 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. Fairfax Financial has a 52 week low of C$1,171.70 and a 52 week high of C$1,890.36.

Insider Activity

In related news, Senior Officer Olivier Elie Quesnel sold 173 shares of the business’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of C$1,566.13, for a total value of C$270,940.49. Following the completion of the sale, the insider now owns 202 shares of the company’s stock, valued at approximately C$316,358.26. The trade was a 0.00 % decrease in their position. In related news, Senior Officer Olivier Elie Quesnel sold 173 shares of Fairfax Financial stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of C$1,566.13, for a total value of C$270,940.49. Following the sale, the insider now directly owns 202 shares in the company, valued at approximately C$316,358.26. The trade was a 0.00 % decrease in their position. Also, Senior Officer Peter Clarke sold 2,000 shares of the 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 value of C$3,293,860.00. Following the transaction, the insider now directly owns 632 shares of the company’s stock, valued at C$1,040,859.76. The trade was a 0.00 % decrease in their position. Insiders have sold 6,953 shares of company stock worth $11,304,176 in the last quarter. Corporate insiders own 3.76% 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.