Fairfax Financial (TSE:FFH) Given New C$2,200.00 Price Target at National Bankshares

Fairfax Financial (TSE:FFH - Get Free Report) had its price objective lifted by research analysts at National Bankshares from C$2,100.00 to C$2,200.00 in a research note issued on Wednesday, BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price target indicates a potential upside of 25.53% from the stock's current price.

A number of other research firms also recently weighed in on FFH. Scotiabank lifted their price objective on Fairfax Financial from C$1,950.00 to C$2,000.00 in a report on Wednesday, July 24th. Royal Bank of Canada lifted their price objective on Fairfax Financial from C$1,325.00 to C$1,425.00 and gave the company an "outperform" rating in a report on Thursday, October 3rd.

Fairfax Financial Stock Down 0.9 %

TSE FFH traded down C$16.45 during trading on Wednesday, hitting C$1,752.58. 26,496 shares of the company traded hands, compared to its average volume of 54,605. The company has a current ratio of 3.75, a quick ratio of 0.93 and a debt-to-equity ratio of 40.13. The business has a fifty day simple moving average of C$1,671.90 and a 200 day simple moving average of C$1,583.77. The company has a market capitalization of C$40.85 billion, a P/E ratio of 7.80, a PEG ratio of 0.27 and a beta of 0.83. Fairfax Financial has a 12 month low of C$1,138.41 and a 12 month high of C$1,771.00.

Fairfax Financial (TSE:FFH - Get Free Report) last released its earnings results on Thursday, August 1st. The company reported C$50.87 earnings per share for the quarter, missing analysts' consensus estimates of C$51.23 by C($0.36). Fairfax Financial had a return on equity of 17.91% and a net margin of 12.27%. The firm had revenue of C$10.25 billion for the quarter. As a group, sell-side analysts predict that Fairfax Financial will post 212.3039807 EPS for the current year.

Insider Transactions at Fairfax Financial

In other news, Senior Officer Olivier Elie Quesnel sold 173 shares of the business's stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of C$1,566.13, for a total value of C$270,940.49. Following the transaction, the insider now directly owns 202 shares of the company's stock, valued at C$316,358.26. The trade was a 0.00 % decrease in their position. In related news, Senior Officer Olivier Elie Quesnel sold 173 shares of the business's stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of C$1,566.13, for a total value of C$270,940.49. Following the completion of the transaction, the insider now owns 202 shares in the company, valued at C$316,358.26. The trade was a 0.00 % decrease in their position. Also, Director Brian David Young sold 4,280 shares of the business's stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of C$1,617.96, for a total transaction of C$6,924,875.22. Insiders have sold 6,953 shares of company stock valued at $11,304,176 in the last three months. 3.76% of the stock is owned by corporate insiders.

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.