Fairfax Financial (TSE:FFH) Upgraded to “Moderate Buy” at Raymond James

Raymond James upgraded shares of Fairfax Financial (TSE:FFH) to a moderate buy rating in a research report released on Thursday,Zacks.com reports.

FFH has been the topic of several other research reports. CIBC raised their target price on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 in a research note on Monday, March 10th. Cormark boosted their target price on Fairfax Financial from C$2,125.00 to C$2,250.00 in a research report on Tuesday, February 18th. Four investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$2,196.43.

Fairfax Financial Trading Up 2.8 %

FFH opened at C$1,990.02 on Thursday. The business’s 50 day moving average is C$2,015.57 and its 200-day moving average is C$1,931.69. The stock has a market cap of C$31.92 billion, a PE ratio of 7.62, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83. Fairfax Financial has a twelve month low of C$1,425.00 and a twelve month high of C$2,153.96.

Insider Activity at Fairfax Financial

In other Fairfax Financial news, Director Brian Johnston Porter acquired 100 shares of Fairfax Financial stock in a transaction that occurred on Tuesday, February 18th. The stock was acquired at an average price of C$2,104.88 per share, with a total value of C$210,488.00. Also, insider Andrew Barnard sold 2,305 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of C$2,056.06, for a total value of C$4,739,220.14. Over the last three months, insiders have sold 6,642 shares of company stock valued at $13,178,144. Corporate insiders own 3.76% of the company’s stock.

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.