Fairfax Financial (TSE:FFH) Upgraded to "Moderate Buy" at Raymond James

Raymond James upgraded shares of Fairfax Financial (TSE:FFH - Free Report) to a moderate buy rating in a research note released on Thursday morning,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on FFH. Cormark boosted their price objective on Fairfax Financial from C$2,125.00 to C$2,250.00 in a report on Tuesday, February 18th. CIBC lifted their target price on Fairfax Financial from C$2,400.00 to C$2,500.00 in a report on Monday, March 10th. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of C$2,196.43.

Fairfax Financial Stock Up 1.1 %

Shares of FFH stock traded up C$22.25 during trading on Thursday, reaching C$2,045.72. 33,471 shares of the company's stock were exchanged, compared to its average volume of 66,461. Fairfax Financial has a twelve month low of C$1,425.00 and a twelve month high of C$2,153.96. The stock has a market capitalization of C$32.81 billion, a PE ratio of 7.83, a PEG ratio of 0.27 and a beta of 0.83. The firm's fifty day moving average price is C$2,016.08 and its 200-day moving average price is C$1,934.00.

Insider Activity at Fairfax Financial

In related news, Director Brian Johnston Porter acquired 100 shares of the stock in a transaction that occurred on 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 F. Brian Bradstreet sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of C$1,985.00, for a total transaction of C$1,985,000.00. Insiders have sold 6,642 shares of company stock valued at $13,178,144 over the last three months. 3.76% of the stock is owned by insiders.

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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.