Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) Given Outperform Rating at Raymond James

Raymond James reissued their outperform rating on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) in a report issued on Wednesday, August 7th, BayStreet.CA reports. They currently have a C$780.00 target price on the stock.

Other analysts have also issued reports about the stock. National Bank Financial upped their price target on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$775.00 to C$800.00 and gave the company an outperform rating in a research report on Thursday, May 2nd. Royal Bank of Canada reaffirmed an outperform rating on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares in a research note on Friday, May 3rd. Cormark lowered their price objective on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$800.00 to C$760.00 in a research note on Thursday, July 18th. Finally, CIBC upped their price objective on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$725.00 to C$750.00 in a research note on Monday, April 22nd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of C$728.33.

FFH opened at C$580.41 on Wednesday. Fairfax Financial Holdings Ltd Subordinate Voting Shares has a one year low of C$565.99 and a one year high of C$732.34. The company has a fifty day moving average price of C$622.01 and a 200-day moving average price of C$626.44. The firm has a market capitalization of $16.20 billion and a P/E ratio of 19.34. The company has a debt-to-equity ratio of 45.36, a current ratio of 2.13 and a quick ratio of 1.35.

Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) last announced its earnings results on Thursday, August 1st. The company reported C$4.47 earnings per share (EPS) for the quarter, missing the consensus estimate of C$16.82 by C($12.35). The company had revenue of C$7.28 billion for the quarter, compared to the consensus estimate of C$6.09 billion. On average, analysts expect that Fairfax Financial Holdings Ltd Subordinate Voting Shares will post 49.3199977 earnings per share for the current year.

In related news, Director F. Brian Bradstreet sold 200 shares of the stock in a transaction dated Tuesday, June 11th. The shares were sold at an average price of C$635.50, for a total value of C$127,100.00. Following the completion of the transaction, the director now directly owns 15,375 shares of the company’s stock, valued at C$9,770,812.50.

About Fairfax Financial Holdings Ltd Subordinate Voting Shares

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 also underwrites specialty insurance and reinsurance; develops, produces, markets, and distributes television programs; and franchises, owns, and operates dining restaurants and holiday resorts.

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Analyst Recommendations for Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH)

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