Fairfax Financial (TSE:FFH) PT Set at C$2,050.00 by Royal Bank Of Canada

Fairfax Financial (TSE:FFH - Get Free Report) received a C$2,050.00 price objective from equities research analysts at Royal Bank Of Canada in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. Royal Bank Of Canada's price objective would suggest a potential downside of 16.21% from the stock's current price.

Other analysts have also issued research reports about the company. BMO Capital Markets upped their target price on Fairfax Financial from C$2,400.00 to C$2,500.00 in a report on Monday, May 5th. Scotiabank upped their price target on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 and gave the company a "sector perform" rating in a research note on Thursday, April 24th. 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 company an "outperform" rating in a research note on Wednesday, April 30th. Finally, Cormark increased their price target on shares of Fairfax Financial from C$2,250.00 to C$2,700.00 in a report on Monday, May 5th. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$2,535.71.

Fairfax Financial Trading Up 1.3%

TSE FFH traded up C$30.63 on Wednesday, hitting C$2,446.47. The company's stock had a trading volume of 14,841 shares, compared to its average volume of 58,066. Fairfax Financial has a 52-week low of C$1,425.00 and a 52-week high of C$2,447.30. The company's 50-day simple moving average is C$2,206.46 and its 200 day simple moving average is C$2,074.95. The firm has a market cap of C$39.24 billion, a P/E ratio of 9.37, a PEG ratio of 0.27 and a beta of 0.83.

Insider Buying and Selling

In related news, Director David Lloyd Johnston sold 27 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of C$2,282.06, for a total transaction of C$61,615.62. Also, Director F. Brian Bradstreet sold 200 shares of Fairfax Financial stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of C$2,279.00, for a total value of C$455,800.00. Insiders sold a total of 1,427 shares of company stock worth $3,244,167 in the last 90 days. Insiders own 3.76% of the company's stock.

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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