Fairfax Financial (TSE:FFH) Price Target Raised to C$2,500.00

Fairfax Financial (TSE:FFH) had its target price hoisted by CIBC from C$2,400.00 to C$2,500.00 in a research note released on Monday morning,BayStreet.CA reports.

Separately, Cormark upped their target price on Fairfax Financial from C$2,125.00 to C$2,250.00 in a research report on Tuesday, February 18th.

Fairfax Financial Trading Down 0.7 %

TSE FFH opened at C$1,945.23 on Monday. Fairfax Financial has a 12 month low of C$1,425.00 and a 12 month high of C$2,119.64. The stock has a market cap of C$31.20 billion, a price-to-earnings ratio of 7.45, a PEG ratio of 0.27 and a beta of 0.83. The company’s 50 day moving average is C$2,005.44 and its two-hundred day moving average is C$1,868.20.

Insider Buying and Selling

In related news, Director Brian Johnston Porter purchased 100 shares of the stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average cost of C$2,104.88 per share, with a total value of C$210,488.00. Also, insider Andrew Barnard sold 2,305 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of C$2,056.06, for a total transaction of C$4,739,220.14. Over the last ninety days, insiders bought 111 shares of company stock worth $232,454. Insiders own 3.76% of the company’s stock.

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.