Fairfax Financial (TSE:FFH) Price Target Raised to C$2,500.00

Fairfax Financial (TSE:FFH) had its target price increased by investment analysts at CIBC from C$2,400.00 to C$2,500.00 in a research report issued on Monday,BayStreet.CA reports. CIBC’s target price points to a potential upside of 28.10% from the stock’s current price.

Separately, Cormark lifted their price objective on Fairfax Financial from C$2,125.00 to C$2,250.00 in a research note on Tuesday, February 18th.

Fairfax Financial Trading Down 4.6 %

TSE:FFH traded down C$94.01 during trading hours on Monday, reaching C$1,951.59. 74,657 shares of the company traded hands, compared to its average volume of 72,876. The business’s 50-day moving average price is C$2,007.91 and its two-hundred day moving average price is C$1,863.84. The stock has a market capitalization of C$31.30 billion, a P/E ratio of 7.47, a P/E/G ratio of 0.27 and a beta of 0.83. Fairfax Financial has a 1 year low of C$1,425.00 and a 1 year high of C$2,119.64.

Insider Buying and Selling at Fairfax Financial

In other Fairfax Financial news, Director Brian Johnston Porter bought 100 shares of Fairfax Financial stock in a transaction on Tuesday, February 18th. The stock was acquired at an average price of C$2,104.88 per share, with a total value of C$210,488.00. Also, insider Andrew Barnard sold 2,305 shares of Fairfax Financial stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of C$2,056.06, for a total value of C$4,739,220.14. Over the last 90 days, insiders purchased 111 shares of company stock worth $232,454. 3.76% of the stock is owned by 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.