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 the firm's stock in a transaction on Thursday, June 19th. The shares were acquired at an average price of C$2,412.62 per share, with a total value of C$16,888.37.

Fairfax Financial Price Performance

TSE FFH traded up C$10.20 on Friday, reaching C$2,426.21. 106,019 shares of the company's stock traded hands, compared to its average volume of 58,235. The stock has a market cap of C$38.91 billion, a PE ratio of 9.29, a P/E/G ratio of 0.27 and a beta of 0.83. Fairfax Financial Holdings Limited has a 12 month low of C$1,425.00 and a 12 month high of C$2,447.30. The stock has a 50-day simple moving average of C$2,224.80 and a 200 day simple moving average of C$2,080.27.

Wall Street Analyst Weigh In

Several research firms have commented on FFH. National Bankshares lifted 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 boosted their price target on shares of Fairfax Financial from C$2,500.00 to C$2,700.00 in a research report on Friday, May 2nd. Raymond James Financial set a C$2,600.00 price objective on Fairfax Financial and gave the stock an "outperform" rating in a report on Friday, April 11th. Cormark boosted their price target on shares of Fairfax Financial from C$2,250.00 to C$2,700.00 in a research report on Monday, May 5th. Finally, BMO Capital Markets upped their price objective on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 in a research report on Monday, May 5th. One equities research analyst has rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.

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