Fairfax Financial Holdings Limited (TSE:FFH) Director Acquires C$16,888.37 in Stock

Fairfax Financial Holdings Limited (TSE:FFH - Get Free Report) Director William Conrad Weldon purchased 7 shares of Fairfax Financial stock in a transaction dated Thursday, June 19th. The shares were purchased at an average cost of C$2,412.62 per share, for a total transaction of C$16,888.37.

Fairfax Financial Price Performance

FFH traded up C$55.78 during trading on Monday, hitting C$2,481.99. 45,849 shares of the stock traded hands, compared to its average volume of 58,132. The company has a market cap of C$39.81 billion, a price-to-earnings ratio of 9.50, a PEG ratio of 0.27 and a beta of 0.83. Fairfax Financial Holdings Limited has a twelve month low of C$1,425.00 and a twelve month high of C$2,484.99. The business has a 50 day moving average price of C$2,233.52 and a 200 day moving average price of C$2,084.21.

Wall Street Analysts Forecast Growth

FFH has been the topic of a number of analyst reports. BMO Capital Markets lifted their price objective on Fairfax Financial from C$2,400.00 to C$2,500.00 in a report on Monday, May 5th. National Bankshares boosted their price objective on shares of Fairfax Financial from C$2,600.00 to C$2,700.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. CIBC increased their target price on Fairfax Financial from C$2,500.00 to C$2,700.00 in a report on Friday, May 2nd. Cormark boosted their target price on shares of Fairfax Financial from C$2,250.00 to C$2,700.00 in a research note on Monday, May 5th. Finally, Raymond James Financial set a C$2,600.00 price objective on Fairfax Financial and gave the stock an "outperform" rating in a research note on Friday, April 11th. One investment analyst has rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Fairfax Financial presently has a consensus rating of "Moderate Buy" and an average price target of C$2,535.71.

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.