Fairfax Financial (TSE:FFH) Given a C$2,600.00 Price Target at Raymond James

Raymond James set a C$2,600.00 price objective on Fairfax Financial (TSE:FFH) in a research report sent to investors on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Other equities research analysts have also issued research reports about the company. CIBC increased their target price on Fairfax Financial from C$2,400.00 to C$2,500.00 in a research note on Monday, March 10th. Cormark increased their price objective on shares of Fairfax Financial from C$2,125.00 to C$2,250.00 in a research report on Tuesday, February 18th. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Fairfax Financial currently has a consensus rating of “Buy” and an average price target of C$2,196.43.

Fairfax Financial Trading Up 2.8 %

Shares of Fairfax Financial stock opened at C$1,990.02 on Friday. Fairfax Financial has a twelve month low of C$1,425.00 and a twelve month high of C$2,153.96. The stock has a market cap of C$31.92 billion, a price-to-earnings ratio of 7.62, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83. The company has a fifty day moving average price of C$2,015.57 and a 200 day moving average price of C$1,931.69.

Insider Activity at Fairfax Financial

In related news, insider Andrew Barnard sold 2,305 shares of Fairfax Financial stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of C$2,056.06, for a total value of C$4,739,220.14. Also, Director Brian Johnston Porter purchased 100 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was bought at an average cost of C$2,104.88 per share, for a total transaction of C$210,488.00. Over the last 90 days, insiders sold 6,642 shares of company stock valued at $13,178,144. 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.