Fairfax Financial (TSE:FFH) Given New C$2,100.00 Price Target at National Bankshares

Fairfax Financial (TSE:FFH - Free Report) had its price target increased by National Bankshares from C$2,000.00 to C$2,100.00 in a report issued on Tuesday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Several other brokerages also recently issued reports on FFH. Royal Bank of Canada upped their target price on shares of Fairfax Financial from C$1,085.00 to C$1,200.00 and gave the stock an outperform rating in a research note on Tuesday, February 20th. BMO Capital Markets lifted their target price on Fairfax Financial from C$1,550.00 to C$1,650.00 and gave the stock an outperform rating in a report on Tuesday, February 20th. CIBC upped their price target on Fairfax Financial from C$1,700.00 to C$2,000.00 in a report on Wednesday, March 13th. Cormark lifted their price objective on Fairfax Financial from C$1,600.00 to C$1,800.00 in a report on Thursday, April 18th. Finally, Scotiabank upped their target price on shares of Fairfax Financial from C$1,900.00 to C$2,000.00 in a research note on Friday. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Fairfax Financial has an average rating of Buy and an average price target of C$1,791.67.

Fairfax Financial Stock Down 0.8 %

Shares of TSE FFH traded down C$11.32 on Tuesday, reaching C$1,496.71. 39,746 shares of the company's stock traded hands, compared to its average volume of 80,092. The company has a quick ratio of 0.93, a current ratio of 6.07 and a debt-to-equity ratio of 38.98. The business's 50 day simple moving average is C$1,477.19 and its two-hundred day simple moving average is C$1,327.73. Fairfax Financial has a 12 month low of C$910.44 and a 12 month high of C$1,563.49. The company has a market cap of C$33.14 billion, a price-to-earnings ratio of 6.39, a price-to-earnings-growth ratio of 0.27 and a beta of 0.86.

Fairfax Financial (TSE:FFH - Get Free Report) last announced its quarterly earnings data on Thursday, February 15th. The company reported C$71.98 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$81.40 by C($9.42). Fairfax Financial had a net margin of 13.76% and a return on equity of 20.09%. The company had revenue of C$9.40 billion for the quarter, compared to analysts' expectations of C$10.25 billion. As a group, equities research analysts forecast that Fairfax Financial will post 189.55125 EPS for the current fiscal year.

Insider Buying and Selling at Fairfax Financial

In other Fairfax Financial news, Director Brian Johnston Porter acquired 100 shares of the company's stock in a transaction that occurred on Thursday, March 14th. The shares were bought at an average price of C$1,509.40 per share, with a total value of C$150,940.00. Following the completion of the acquisition, the director now owns 950 shares in the company, valued at approximately C$1,433,930. In other Fairfax Financial news, insider Andrew Barnard sold 2,572 shares of the company's stock in a transaction dated Friday, March 15th. The stock was sold at an average price of C$1,120.68, for a total value of C$2,882,388.96. Also, Director Brian Johnston Porter acquired 100 shares of the stock in a transaction dated Thursday, March 14th. The shares were bought at an average cost of C$1,509.40 per share, for a total transaction of C$150,940.00. Following the completion of the transaction, the director now owns 950 shares in the company, valued at C$1,433,930. Over the last 90 days, insiders have bought 190 shares of company stock valued at $273,877 and have sold 4,572 shares valued at $5,835,859. 3.63% of the stock is owned by corporate 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.