Fairfax Financial (TSE:FFH) Shares Up 0.5% - Should You Buy?

Fairfax Financial Holdings Limited (TSE:FFH - Get Free Report) shares were up 0.5% during trading on Friday . The stock traded as high as C$2,051.71 and last traded at C$2,050.42. Approximately 4,706 shares traded hands during trading, a decline of 93% from the average daily volume of 72,199 shares. The stock had previously closed at C$2,039.99.

Wall Street Analysts Forecast Growth

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

Fairfax Financial Trading Down 0.9 %

The business's fifty day simple moving average is C$2,005.33 and its two-hundred day simple moving average is C$1,846.65. The stock has a market capitalization of C$32.85 billion, a P/E ratio of 7.84, a P/E/G ratio of 0.27 and a beta of 0.83.

Insider Buying and Selling at Fairfax Financial

In other news, 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 transaction of C$121,008.00. Also, Director Brian Johnston Porter acquired 100 shares of Fairfax Financial stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average cost of C$2,104.88 per share, with a total value of C$210,488.00. Insiders purchased a total of 111 shares of company stock valued at $232,454 in the last ninety days. Company insiders own 3.76% of the company's stock.

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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.