Fairfax Financial (TSE:FFH) Trading Up 0.2% - Should You Buy?

Fairfax Financial Holdings Limited (TSE:FFH - Get Free Report) shares traded up 0.2% during trading on Friday . The company traded as high as C$2,051.71 and last traded at C$2,043.47. 37,363 shares changed hands during trading, a decline of 49% from the average session volume of 73,020 shares. The stock had previously closed at C$2,039.99.

Wall Street Analyst Weigh In

FFH has been the topic of several research analyst reports. CIBC boosted their price objective on Fairfax Financial from C$2,200.00 to C$2,400.00 and gave the stock an "outperform" rating in a research report on Thursday, January 30th. BMO Capital Markets boosted their target price on Fairfax Financial from C$1,850.00 to C$2,200.00 in a research note on Monday, November 4th. Scotiabank upped their price target on Fairfax Financial from C$2,100.00 to C$2,200.00 in a research report on Monday, November 4th. Finally, Cormark boosted their price objective on Fairfax Financial from C$2,125.00 to C$2,250.00 in a research note on Tuesday, February 18th.

Fairfax Financial Stock Down 0.9 %

The firm has a 50-day simple moving average of C$2,004.55 and a 200-day simple moving average of C$1,845.25. The stock has a market cap of C$32.85 billion, a PE ratio of 7.84, a P/E/G ratio of 0.27 and a beta of 0.83.

Insider Buying and Selling

In other Fairfax Financial news, Director Brian Johnston Porter acquired 100 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was bought at an average price of C$2,104.88 per share, with a total value of C$210,488.00. Also, Director R. William Mcfarland sold 4,800 shares of the firm's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of C$25.21, for a total value of C$121,008.00. In the last quarter, insiders have purchased 111 shares of company stock valued at $232,454. Corporate insiders own 3.76% of the company's stock.

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About Fairfax Financial

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.