David Lloyd Johnston Purchases 10 Shares of Fairfax Financial Holdings Limited (TSE:FFH) Stock

Fairfax Financial Holdings Limited (TSE:FFH) Director David Lloyd Johnston purchased 10 shares of Fairfax Financial stock in a transaction that occurred on Tuesday, June 25th. The shares were bought at an average price of C$1,515.19 per share, with a total value of C$15,151.90.

David Lloyd Johnston also recently made the following trade(s):

• On Wednesday, June 12th, David Lloyd Johnston sold 226 shares of Fairfax Financial stock. The shares were sold at an average price of C$1,549.95, for a total transaction of C$350,288.70.
• On Tuesday, May 7th, David Lloyd Johnston sold 138 shares of Fairfax Financial stock. The shares were sold at an average price of C$1,556.03, for a total transaction of C$214,732.28.

Fairfax Financial Trading Up 0.4 %

Shares of FFH opened at C$1,556.33 on Friday. The firm’s 50 day simple moving average is C$1,534.04 and its 200 day simple moving average is C$1,429.04. The company has a market capitalization of C$33.94 billion, a P/E ratio of 7.40, a P/E/G ratio of 0.27 and a beta of 0.85. The company has a debt-to-equity ratio of 37.45, a current ratio of 3.87 and a quick ratio of 0.93. Fairfax Financial Holdings Limited has a 1-year low of C$939.05 and a 1-year high of C$1,583.70.

Fairfax Financial (TSE:FFH) last announced its earnings results on Thursday, May 2nd. The company reported C$41.54 earnings per share for the quarter, missing analysts’ consensus estimates of C$55.05 by C($13.51). The company had revenue of C$10.36 billion during the quarter. Fairfax Financial had a net margin of 12.26% and a return on equity of 17.26%. Sell-side analysts forecast that Fairfax Financial Holdings Limited will post 181.6334895 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FFH has been the subject of a number of research reports. CIBC increased their target price on shares of Fairfax Financial from C$1,700.00 to C$2,000.00 in a research report on Wednesday, March 13th. BMO Capital Markets increased their target price on shares of Fairfax Financial from C$1,650.00 to C$1,800.00 in a research report on Monday, May 6th. National Bankshares raised their price objective on shares of Fairfax Financial from C$2,000.00 to C$2,100.00 and gave the company an “outperform” rating in a research report on Tuesday, April 30th. Royal Bank of Canada raised their price objective on shares of Fairfax Financial from C$1,200.00 to C$1,275.00 and gave the company an “outperform” rating in a research report on Monday, May 6th. Finally, Cormark raised their price objective on shares of Fairfax Financial from C$1,600.00 to C$1,800.00 in a research report on Thursday, April 18th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$1,820.83.

About Fairfax Financial

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.