Fairfax Financial (TSE:FFH) Trading Up 0.5% - Here's Why

Fairfax Financial Holdings Limited (TSE:FFH - Get Free Report)'s share price rose 0.5% 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 Analyst Weigh In

FFH has been the topic of several analyst reports. BMO Capital Markets lifted their price target on shares of Fairfax Financial from C$1,850.00 to C$2,200.00 in a research report on Monday, November 4th. CIBC lifted their price target 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 report on Thursday, January 30th. Scotiabank lifted their price target on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 in a research report on Monday, November 4th. Finally, Cormark lifted their price target on shares of Fairfax Financial from C$2,125.00 to C$2,250.00 in a research report on Tuesday, February 18th.

Fairfax Financial Stock Down 0.9 %

The company has a market cap of C$32.85 billion, a PE ratio of 7.84, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83. The business has a 50-day simple moving average of C$2,005.33 and a 200-day simple moving average of C$1,846.65.

Insider Buying and Selling at Fairfax Financial

In other news, Director R. William Mcfarland sold 4,800 shares of the company's stock in a transaction on Wednesday, December 4th. The stock was 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 the business's stock in a transaction dated Tuesday, February 18th. The shares were bought at an average cost of C$2,104.88 per share, for a total transaction of C$210,488.00. Insiders have bought a total of 111 shares of company stock valued at $232,454 over the last quarter. 3.76% of the stock is owned by company 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.