Fairfax Financial (TSE:FFH) Hits New 1-Year High - What's Next?

Shares of Fairfax Financial Holdings Limited (TSE:FFH - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$2,125.31 and last traded at C$2,125.31, with a volume of 15472 shares changing hands. The stock had previously closed at C$2,079.84.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. CIBC boosted their price target on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 in a research report on Monday, March 10th. Cormark boosted their target price on shares of Fairfax Financial from C$2,125.00 to C$2,250.00 in a report on Tuesday, February 18th.

Fairfax Financial Price Performance

The business has a 50-day moving average of C$2,020.50 and a 200-day moving average of C$1,921.43. The company has a market capitalization of C$31.08 billion, a P/E ratio of 7.42, a P/E/G ratio of 0.27 and a beta of 0.83.

Insider Activity at Fairfax Financial

In other Fairfax Financial news, Director Brian Johnston Porter bought 100 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average cost of C$2,104.88 per share, for a total transaction of C$210,488.00. Also, Director Brian David Young sold 3,337 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of C$1,934.05, for a total transaction of C$6,453,923.52. In the last ninety days, insiders have sold 6,642 shares of company stock worth $13,178,144. Insiders own 3.76% of the company's stock.

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.