Fairfax Financial (TSE:FFH) Given New C$860.00 Price Target at Scotiabank

Fairfax Financial (TSE:FFHGet Rating) had its target price hoisted by Scotiabank from C$845.00 to C$860.00 in a research report released on Tuesday, BayStreet.CA reports.

Several other analysts also recently weighed in on FFH. National Bankshares lifted their price objective on Fairfax Financial from C$1,000.00 to C$1,050.00 and gave the company an outperform rating in a report on Friday, April 29th. CIBC boosted their target price on shares of Fairfax Financial from C$825.00 to C$950.00 in a report on Tuesday, April 26th. Cormark boosted their target price on shares of Fairfax Financial from C$735.00 to C$860.00 and gave the stock an outperform rating in a report on Monday, May 2nd. BMO Capital Markets boosted their target price on shares of Fairfax Financial from C$760.00 to C$780.00 in a report on Friday, April 29th. Finally, Royal Bank of Canada reduced their target price on shares of Fairfax Financial from C$750.00 to C$725.00 and set an outperform rating for the company in a report on Tuesday.

Fairfax Financial Stock Performance

FFH stock opened at C$661.00 on Tuesday. The company has a debt-to-equity ratio of 37.55, a current ratio of 2.16 and a quick ratio of 1.27. The business has a 50-day moving average price of C$676.47 and a 200 day moving average price of C$658.05. The company has a market capitalization of C$17.47 billion and a P/E ratio of 5.24. Fairfax Financial has a 1-year low of C$493.00 and a 1-year high of C$716.59.

About Fairfax Financial

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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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