Fairfax Financial (TSE:FFH) Given New C$725.00 Price Target at Royal Bank of Canada

Fairfax Financial (TSE:FFHGet Rating) had its price objective trimmed by Royal Bank of Canada from C$750.00 to C$725.00 in a research note published on Tuesday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other research analysts have also commented on FFH. BMO Capital Markets upped their price objective on shares of Fairfax Financial from C$760.00 to C$780.00 in a report on Friday, April 29th. National Bankshares upped their price objective on shares of Fairfax Financial from C$1,000.00 to C$1,050.00 and gave the stock an outperform rating in a report on Friday, April 29th. Cormark increased their price target on shares of Fairfax Financial from C$735.00 to C$860.00 and gave the stock an outperform rating in a research note on Monday, May 2nd. CIBC increased their price target on shares of Fairfax Financial from C$825.00 to C$950.00 in a research note on Tuesday, April 26th. Finally, Scotiabank increased their price target on shares of Fairfax Financial from C$820.00 to C$845.00 in a research note on Tuesday, May 3rd.

Fairfax Financial Stock Down 4.2 %

Shares of TSE FFH opened at C$661.00 on Tuesday. The company has a current ratio of 2.16, a quick ratio of 1.27 and a debt-to-equity ratio of 37.55. Fairfax Financial has a 12 month low of C$493.00 and a 12 month high of C$716.59. The firm has a market capitalization of C$17.47 billion and a PE ratio of 5.24. The firm has a fifty day simple moving average of C$676.47 and a two-hundred day simple moving average of C$658.05.

About Fairfax Financial

(Get Rating)

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 Insurance and Reinsurance, Run-off, and Non-Insurance Companies segments.

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