Insider Buying: Fairfax Financial Holdings Limited (TSE:FFH) Director Buys 100 Shares of Stock

Fairfax Financial Holdings Limited (TSE:FFH) Director Brian Johnston Porter acquired 100 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was bought at an average price of C$2,104.88 per share, with a total value of C$210,488.00.

Fairfax Financial Price Performance

Shares of Fairfax Financial stock traded up C$3.58 during trading hours on Wednesday, hitting C$2,083.58. The company’s stock had a trading volume of 6,284 shares, compared to its average volume of 76,701. Fairfax Financial Holdings Limited has a 12 month low of C$1,343.50 and a 12 month high of C$2,119.64. The stock has a 50 day moving average of C$1,994.49 and a 200 day moving average of C$1,814.00. The company has a market capitalization of C$33.42 billion, a PE ratio of 7.98, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83.

Analyst Ratings Changes

A number of equities research analysts recently commented on FFH shares. National Bankshares upped their price objective on Fairfax Financial from C$2,100.00 to C$2,200.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. CIBC upped their price objective on Fairfax Financial from C$2,200.00 to C$2,400.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. BMO Capital Markets upped their price objective on Fairfax Financial from C$1,850.00 to C$2,200.00 in a report on Monday, November 4th. Cormark upped their price objective on Fairfax Financial from C$2,125.00 to C$2,250.00 in a report on Tuesday. Finally, Scotiabank increased their price target on Fairfax Financial from C$2,100.00 to C$2,200.00 in a report on Monday, November 4th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$2,112.50.

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.