Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) Receives $1,500.00 Average PT from Analysts

Key Points

• Fairfax Financial Holdings Ltd. has received a consensus recommendation of "Moderate Buy" from analysts, with one hold rating and two buy ratings.
• The company's stock recently traded at $1,757.45, with a 52-week low of $1,042.91 and a high of $1,833.48.
• In its latest earnings report, Fairfax Financial reported $61.61 EPS, surpassing estimates of $60.25, though revenue for the quarter was slightly below expectations.

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF - Get Free Report) have been given an average recommendation of "Moderate Buy" by the three brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $1,500.00.

Several research firms have issued reports on FRFHF. National Bankshares reissued an "outperform" rating on shares of Fairfax Financial in a report on Wednesday, April 30th. Wall Street Zen downgraded Fairfax Financial from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 3rd. Cormark downgraded Fairfax Financial from a "moderate buy" rating to a "hold" rating in a research note on Wednesday. Royal Bank Of Canada upgraded Fairfax Financial to a "moderate buy" rating in a research note on Wednesday, June 18th. Finally, BMO Capital Markets reiterated an "outperform" rating on shares of Fairfax Financial in a research report on Monday, May 5th.

Fairfax Financial Stock Down 1.3%

Shares of Fairfax Financial stock traded down $23.12 on Thursday, reaching $1,718.50. The company's stock had a trading volume of 3,147 shares, compared to its average volume of 3,721. Fairfax Financial has a 52 week low of $1,050.01 and a 52 week high of $1,833.48. The firm's fifty day simple moving average is $1,762.60 and its two-hundred day simple moving average is $1,571.57. The company has a market capitalization of $38.89 billion, a price-to-earnings ratio of 8.71 and a beta of 0.79. 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 (OTCMKTS:FRFHF - Get Free Report) last posted its earnings results on Thursday, July 31st. The financial services provider reported $61.61 EPS for the quarter, topping analysts' consensus estimates of $60.25 by $1.36. Fairfax Financial had a net margin of 14.68% and a return on equity of 16.39%. The business had revenue of $9.18 billion during the quarter, compared to the consensus estimate of $9.30 billion. Equities analysts anticipate that Fairfax Financial will post 166.85 earnings per share for the current 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.