Fairfax Financial Holdings Limited (TSE:FFH) Senior Officer Sells C$525,281.76 in Stock

Fairfax Financial Holdings Limited (TSE:FFH - Get Free Report) Senior Officer Jean Cloutier sold 216 shares of the stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of C$2,431.86, for a total transaction of C$525,281.76.

Fairfax Financial Stock Down 0.3%

TSE FFH traded down C$7.83 on Thursday, reaching C$2,407.96. 2,894 shares of the stock traded hands, compared to its average volume of 57,760. 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 company has a market cap of C$38.62 billion, a price-to-earnings ratio of 9.22, a P/E/G ratio of 0.27 and a beta of 0.83. The firm's fifty day simple moving average is C$2,215.21 and its 200 day simple moving average is C$2,077.94.

Wall Street Analyst Weigh In

FFH has been the topic of a number of recent analyst reports. CIBC lifted their price target on Fairfax Financial from C$2,500.00 to C$2,700.00 in a report on Friday, May 2nd. Raymond James Financial set a C$2,600.00 target price on Fairfax Financial and gave the company an "outperform" rating in a research report on Friday, April 11th. National Bankshares boosted their price target on 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. Royal Bank Of Canada raised Fairfax Financial to a "moderate buy" rating and set a C$2,050.00 price target for the company in a research note on Wednesday. Finally, Cormark raised their price target on Fairfax Financial from C$2,250.00 to C$2,700.00 in a report on Monday, May 5th. One equities research analyst has rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Fairfax Financial currently has a consensus rating of "Moderate Buy" and an average target price of C$2,535.71.

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.

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