Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Fairfax Financial Holdings Ltd. received a consensus rating of "Moderate Buy" from three brokerages, with an average twelve-month price target of $1,500.00.
• As of the latest analysis, the company reported an EPS of $61.61, surpassing estimates, and a net margin of 14.68% for the most recent quarter.
• The stock is trading at $1,720.07 with a market capitalization of $38.67 billion, showing a 52-week range between $1,208.25 and $1,833.48.

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF - Get Free Report) have earned an average rating of "Moderate Buy" from the three brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $1,500.00.

Several brokerages recently commented on FRFHF. Cormark cut shares of Fairfax Financial from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, August 6th. Royal Bank Of Canada upgraded shares of Fairfax Financial to a "moderate buy" rating in a research report on Wednesday, June 18th. Finally, Wall Street Zen upgraded shares of Fairfax Financial from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st.

Fairfax Financial Stock Up 0.2%

Shares of OTCMKTS FRFHF opened at $1,720.07 on Friday. The company has a quick ratio of 4.20, a current ratio of 4.20 and a debt-to-equity ratio of 0.45. Fairfax Financial has a 52 week low of $1,208.25 and a 52 week high of $1,833.48. The firm has a 50-day moving average price of $1,744.33 and a 200 day moving average price of $1,645.57. The stock has a market capitalization of $38.67 billion, a price-to-earnings ratio of 8.72 and a beta of 0.83.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The financial services provider reported $61.61 EPS for the quarter, beating the consensus estimate of $60.25 by $1.36. Fairfax Financial had a net margin of 14.68% and a return on equity of 16.39%. The firm had revenue of $9.18 billion during the quarter, compared to analysts' expectations of $9.30 billion. Equities research analysts anticipate that Fairfax Financial will post 166.85 EPS for the current fiscal year.

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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