Raymond James Financial Issues Positive Forecast for Fairfax Financial (TSE:FFH) Stock Price

Fairfax Financial (TSE:FFH - Get Free Report) had its price target lifted by equities research analysts at Raymond James Financial from C$2,600.00 to C$2,900.00 in a research note issued on Monday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Raymond James Financial's price target would indicate a potential upside of 17.35% from the company's previous close. Raymond James Financial also issued estimates for Fairfax Financial's FY2025 earnings at $350.59 EPS and FY2026 earnings at $298.93 EPS.

FFH has been the topic of a number of other research reports. BMO Capital Markets increased their target price on Fairfax Financial from C$2,400.00 to C$2,500.00 in a report on Monday, May 5th. National Bankshares upped their price objective on Fairfax Financial from C$2,600.00 to C$2,700.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Scotiabank upped their target price on Fairfax Financial from C$2,400.00 to C$2,500.00 and gave the company a "sector perform" rating in a report on Thursday, April 24th. Cormark increased their price objective on Fairfax Financial from C$2,250.00 to C$2,700.00 in a report on Monday, May 5th. Finally, Royal Bank Of Canada raised Fairfax Financial to a "moderate buy" rating and set a C$2,050.00 price objective for the company in a research note on Wednesday, June 18th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Fairfax Financial currently has a consensus rating of "Moderate Buy" and a consensus price target of C$2,578.57.

Fairfax Financial Stock Up 0.5%

TSE FFH traded up C$12.18 during trading hours on Monday, hitting C$2,471.27. 64,292 shares of the company were exchanged, compared to its average volume of 56,716. The company has a 50 day moving average of C$2,329.90 and a two-hundred day moving average of C$2,123.12. Fairfax Financial has a 52-week low of C$1,425.00 and a 52-week high of C$2,508.57. The firm has a market cap of C$39.64 billion, a price-to-earnings ratio of 9.46, a PEG ratio of 0.27 and a beta of 0.83.

Insider Activity

In related news, Senior Officer Jean Cloutier sold 216 shares of the business's stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of C$2,431.86, for a total value of C$525,281.76. Also, Director Kleven Sava sold 181 shares of Fairfax Financial stock in a transaction on Monday, June 23rd. The stock was sold at an average price of C$2,465.95, for a total transaction of C$446,336.95. Over the last quarter, insiders have purchased 19 shares of company stock valued at $45,878 and have sold 2,524 shares valued at $5,967,886. 3.76% of the stock is currently owned by company insiders.

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.