Scotiabank Boosts Fairfax Financial (TSE:FFH) Price Target to C$860.00

Fairfax Financial (TSE:FFHGet Rating) had its price objective hoisted by Scotiabank from C$845.00 to C$860.00 in a research note issued to investors on Tuesday morning, BayStreet.CA reports.

Several other equities analysts also recently commented on FFH. Royal Bank of Canada lowered their price objective on Fairfax Financial from C$750.00 to C$725.00 and set an outperform rating on the stock in a research report on Tuesday. BMO Capital Markets boosted their price objective on Fairfax Financial from C$760.00 to C$780.00 in a research note on Friday, April 29th. National Bankshares upped their target price on Fairfax Financial from C$1,000.00 to C$1,050.00 and gave the company an outperform rating in a research note on Friday, April 29th. CIBC increased their price objective on Fairfax Financial from C$825.00 to C$950.00 in a research note on Tuesday, April 26th. Finally, Cormark increased their price objective on Fairfax Financial from C$735.00 to C$860.00 and gave the stock an outperform rating in a research note on Monday, May 2nd.

Fairfax Financial Stock Performance

Shares of FFH opened at C$670.21 on Tuesday. The company has a debt-to-equity ratio of 38.99, a current ratio of 1.86 and a quick ratio of 1.01. Fairfax Financial has a one year low of C$493.00 and a one year high of C$716.59. The firm has a market capitalization of C$17.71 billion and a P/E ratio of 30.11. The business has a fifty day moving average of C$675.08 and a 200 day moving average of C$658.61.

Fairfax Financial Company Profile

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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 Insurance and Reinsurance, Run-off, and Non-Insurance Companies segments.

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