Fairfax Financial (OTCMKTS:FRFHF) Upgraded to Moderate Buy at Raymond James

Raymond James upgraded shares of Fairfax Financial (OTCMKTS:FRFHF) to a moderate buy rating in a research note published on Thursday morning,Zacks.com reports.

Separately, National Bankshares restated an “outperform” rating on shares of Fairfax Financial in a research report on Monday, February 3rd.

Fairfax Financial Stock Performance

Shares of OTCMKTS FRFHF opened at $1,434.79 on Thursday. Fairfax Financial has a 12-month low of $1,027.00 and a 12-month high of $1,519.00. The firm has a market capitalization of $32.70 billion, a price-to-earnings ratio of 8.91 and a beta of 0.58. The company has a current ratio of 3.65, a quick ratio of 2.45 and a debt-to-equity ratio of 0.43. The firm has a 50 day moving average of $1,411.21 and a 200 day moving average of $1,369.74.

Fairfax Financial (OTCMKTS:FRFHF) last issued its quarterly earnings data on Thursday, February 20th. The financial services provider reported $50.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $43.72 by $6.70. Fairfax Financial had a net margin of 12.47% and a return on equity of 14.43%. The firm had revenue of $7.74 billion during the quarter, compared to the consensus estimate of $7.51 billion. On average, research analysts anticipate that Fairfax Financial will post 166.85 earnings per share for the current year.

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.