Fairfax Financial (TSE:FFH) Trading 0.2% Higher – Should You Buy?

Fairfax Financial Holdings Limited (TSE:FFH) was up 0.2% on Friday . The company traded as high as C$2,051.71 and last traded at C$2,043.47. Approximately 37,363 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 73,020 shares. The stock had previously closed at C$2,039.99.

Analyst Ratings Changes

A number of equities analysts recently weighed in on FFH shares. Scotiabank upped their price target on Fairfax Financial from C$2,100.00 to C$2,200.00 in a report on Monday, November 4th. Cormark upped their price target on Fairfax Financial from C$2,125.00 to C$2,250.00 in a report on Tuesday, February 18th. BMO Capital Markets upped their price target on Fairfax Financial from C$1,850.00 to C$2,200.00 in a report on Monday, November 4th. Finally, CIBC upped their price target on Fairfax Financial from C$2,200.00 to C$2,400.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th.

Fairfax Financial Price Performance

The business has a fifty day simple moving average of C$2,003.29 and a 200 day simple moving average of C$1,841.27. The firm has a market cap of C$33.36 billion, a price-to-earnings ratio of 7.96, a PEG ratio of 0.27 and a beta of 0.83.

Insider Buying and Selling at Fairfax Financial

In related news, Director Brian Johnston Porter purchased 100 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average price of C$2,104.88 per share, with a total value of C$210,488.00. Also, Director R. William Mcfarland sold 4,800 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of C$25.21, for a total value of C$121,008.00. Insiders bought 111 shares of company stock valued at $232,454 over the last quarter. 3.76% of the stock is currently owned by insiders.

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.