Cormark Reaffirms “Buy” Rating for Fairfax Financial Holdings Ltd Subordinate Voting Shares (FFH)

Cormark reissued their buy rating on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) in a report issued on Monday. Cormark also issued estimates for Fairfax Financial Holdings Ltd Subordinate Voting Shares’ Q4 2018 earnings at $14.83 EPS, Q1 2019 earnings at $14.15 EPS, Q2 2019 earnings at $15.31 EPS, Q3 2019 earnings at $16.03 EPS, Q4 2019 earnings at $16.66 EPS and FY2019 earnings at $62.15 EPS.

FFH has been the subject of a number of other reports. CIBC cut their price objective on Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$750.00 to C$725.00 in a research report on Monday. BMO Capital Markets cut their price objective on Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$770.00 to C$720.00 in a research report on Friday, November 2nd. National Bank Financial restated an outperform rating and issued a C$850.00 price objective on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares in a research report on Thursday, July 26th. Finally, Royal Bank of Canada cut their price objective on Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$650.00 to C$625.00 and set an outperform rating for the company in a research report on Monday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of C$729.00.

Fairfax Financial Holdings Ltd Subordinate Voting Shares stock opened at C$620.89 on Monday. Fairfax Financial Holdings Ltd Subordinate Voting Shares has a 12 month low of C$608.02 and a 12 month high of C$788.88.

Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) last posted its quarterly earnings data on Thursday, November 1st. The company reported C$11.22 EPS for the quarter, missing the Zacks’ consensus estimate of C$14.60 by C($3.38). The firm had revenue of C$5.80 billion during the quarter, compared to analyst estimates of C$5.49 billion.

Fairfax Financial Holdings Ltd Subordinate Voting Shares 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 also underwrites specialty insurance and reinsurance; develops, produces, markets, and distributes television programs; and franchises, owns, and operates dining restaurants and holiday resorts.

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Analyst Recommendations for Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH)

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