Fairfax Financial (TSE:FFH) Trading Up 0.1% - Here's What Happened

Fairfax Financial Holdings Limited (TSE:FFH - Get Free Report) shot up 0.1% on Friday . The company traded as high as C$2,051.71 and last traded at C$2,042.60. 24,687 shares changed hands during trading, a decline of 66% from the average session volume of 72,715 shares. The stock had previously closed at C$2,039.99.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Cormark lifted their price target on Fairfax Financial from C$2,125.00 to C$2,250.00 in a report on Tuesday, February 18th. Scotiabank raised their price target on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 in a report on Monday, November 4th. CIBC increased 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. Finally, BMO Capital Markets raised their price objective on Fairfax Financial from C$1,850.00 to C$2,200.00 in a research report on Monday, November 4th.

Fairfax Financial Price Performance

The stock has a market cap of C$32.96 billion, a price-to-earnings ratio of 7.87, a PEG ratio of 0.27 and a beta of 0.83. The company's 50 day moving average is C$2,004.55 and its 200 day moving average is C$1,845.25.

Insider Transactions at Fairfax Financial

In related news, Director Brian Johnston Porter acquired 100 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was bought at an average cost 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 Fairfax Financial stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of C$25.21, for a total value of C$121,008.00. Insiders have purchased a total of 111 shares of company stock worth $232,454 in the last three months. 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.