Fairfax Financial Holdings Ltd Subordinate Voting Shares (FFH) Price Target Cut to C$720.00 by Analysts at BMO Capital Markets

Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) had its price target decreased by research analysts at BMO Capital Markets from C$770.00 to C$720.00 in a research note issued to investors on Friday. BMO Capital Markets’ price target points to a potential upside of 17.55% from the company’s previous close.

A number of other equities research analysts also recently weighed in on the company. National Bank Financial reaffirmed an “outperform” rating and set a C$850.00 price objective on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares in a research report on Thursday, July 26th. CIBC raised Fairfax Financial Holdings Ltd Subordinate Voting Shares from a “neutral” rating to an “outperform” rating and set a C$750.00 price objective on the stock in a research report on Thursday, October 18th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$734.00.

FFH opened at C$612.50 on Friday. 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 results on Thursday, August 2nd. The company reported C$1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.54 by C$0.74. The firm had revenue of C$5.43 billion for the quarter, compared to the consensus estimate of C$5.28 billion.

About Fairfax Financial Holdings Ltd Subordinate Voting Shares

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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