Fairfax Financial Holdings Ltd (FFH) PT Lowered to C$625.00 at CIBC

Fairfax Financial Holdings Ltd (TSE:FFH) had its price objective trimmed by CIBC from C$650.00 to C$625.00 in a report issued on Friday morning.

A number of other equities analysts have also recently weighed in on FFH. Royal Bank Of Canada reaffirmed an outperform rating on shares of Fairfax Financial Holdings in a report on Tuesday, June 27th. Fairfax Financial Holdings Ltd upped their price target on Fairfax Financial Holdings from C$525.00 to C$550.00 and gave the stock an outperform rating in a report on Wednesday, August 16th. Finally, BMO Capital Markets reduced their price target on Fairfax Financial Holdings from C$700.00 to C$670.00 and set a market perform rating for the company in a report on Friday, August 25th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of C$598.75.

Shares of Fairfax Financial Holdings (TSE:FFH) opened at 596.12 on Friday. The firm has a 50-day moving average price of $605.80 and a 200-day moving average price of $601.38. Fairfax Financial Holdings has a 12 month low of $547.95 and a 12 month high of $777.45. The stock’s market cap is $13.74 billion.

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In other news, Director F. Brian Bradstreet acquired 1,000 shares of the business’s stock in a transaction on Friday, June 16th. The stock was bought at an average cost of C$562.42 per share, for a total transaction of C$562,420.00. Also, Director Michael Wacek acquired 499 shares of the business’s stock in a transaction on Monday, June 26th. The shares were purchased at an average price of C$420.00 per share, with a total value of C$209,580.00.

About Fairfax Financial Holdings

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. It operates through Insurance and Reinsurance, Runoff, and Other segments. The company also underwrites specialty insurance and reinsurance; develops, produces, markets, and distributes television programs; and owns and operates premium dining restaurants and holiday resorts.

Analyst Recommendations for Fairfax Financial Holdings (TSE:FFH)

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