Fairfax Financial (TSE:FFH) Given New C$2,200.00 Price Target at Scotiabank

Fairfax Financial (TSE:FFH) had its target price raised by Scotiabank from C$2,100.00 to C$2,200.00 in a research note released on Monday morning, BayStreet.CA reports.

Several other equities research analysts have also weighed in on the stock. Royal Bank of Canada upped their target price on shares of Fairfax Financial from C$1,325.00 to C$1,425.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. National Bankshares upped their target price on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th.

Fairfax Financial Stock Down 0.7 %

FFH opened at C$1,810.43 on Monday. The firm’s 50-day simple moving average is C$1,696.45 and its 200-day simple moving average is C$1,594.71. The company has a debt-to-equity ratio of 40.13, a quick ratio of 0.93 and a current ratio of 3.75. Fairfax Financial has a twelve month low of C$1,171.70 and a twelve month high of C$1,890.36. The firm has a market cap of C$42.20 billion, a price-to-earnings ratio of 8.06, a PEG ratio of 0.27 and a beta of 0.83.

Insiders Place Their Bets

In other Fairfax Financial news, Director David Lloyd Johnston sold 39 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of C$1,819.21, for a total transaction of C$70,949.19. In other Fairfax Financial news, Senior Officer Peter Clarke sold 2,000 shares of the company’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of C$1,646.93, for a total transaction of C$3,293,860.00. Following the transaction, the insider now directly owns 632 shares in the company, valued at approximately C$1,040,859.76. This represents a 0.00 % decrease in their position. Also, Director David Lloyd Johnston sold 39 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of C$1,819.21, for a total transaction of C$70,949.19. Insiders have sold a total of 6,992 shares of company stock valued at $11,375,125 in the last 90 days. 3.76% of the stock is currently 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.