Fairfax Financial (TSE:FFH) Given New C$2,700.00 Price Target at Cormark

Fairfax Financial (TSE:FFH - Get Free Report) had its price target increased by analysts at Cormark from C$2,250.00 to C$2,700.00 in a research report issued on Monday,BayStreet.CA reports. Cormark's target price indicates a potential upside of 21.39% from the company's current price. Cormark also issued estimates for Fairfax Financial's FY2025 earnings at $243.47 EPS and FY2026 earnings at $275.37 EPS.

Several other equities research analysts also recently weighed in on FFH. National Bankshares boosted their target price on shares of Fairfax Financial from C$2,600.00 to C$2,700.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. CIBC upped their price objective on Fairfax Financial from C$2,500.00 to C$2,700.00 in a research note on Friday, May 2nd. Raymond James set a C$2,600.00 price objective on shares of Fairfax Financial and gave the stock an "outperform" rating in a report on Friday, April 11th. Finally, Scotiabank raised their price target on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 and gave the stock a "sector perform" rating in a research report on Thursday, April 24th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$2,446.43.

Fairfax Financial Trading Down 0.3 %

TSE FFH traded down C$6.81 during mid-day trading on Monday, reaching C$2,224.21. 6,863 shares of the company's stock traded hands, compared to its average volume of 62,527. Fairfax Financial has a 1-year low of C$1,425.00 and a 1-year high of C$2,244.99. The company has a fifty day simple moving average of C$2,043.13 and a 200-day simple moving average of C$1,982.71. The company has a market cap of C$35.67 billion, a price-to-earnings ratio of 8.52, a P/E/G ratio of 0.27 and a beta of 0.83.

Insiders Place Their Bets

In other news, Director Brian Johnston Porter bought 100 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were purchased at an average price of C$2,104.88 per share, with a total value of C$210,488.00. Also, Director F. Brian Bradstreet sold 1,000 shares of the company's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of C$1,985.00, for a total value of C$1,985,000.00. In the last quarter, insiders sold 6,792 shares of company stock worth $13,498,692. 3.76% of the stock is owned by company 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.