Fairfax Financial Holdings Ltd Subordinate Voting Shares (FFH) Hits New 52-Week Low at $594.24

Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$594.24 and last traded at C$602.38, with a volume of 45675 shares changing hands. The stock had previously closed at C$604.10.

FFH has been the subject of several research analyst reports. Royal Bank of Canada dropped their price objective on shares of 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, November 5th. CIBC dropped their price objective on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$750.00 to C$725.00 in a research report on Monday, November 5th. Cormark restated a “buy” rating on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares in a research report on Monday, November 5th. BMO Capital Markets dropped their price objective on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$770.00 to C$720.00 in a research report on Friday, November 2nd. Finally, 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. Two research 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 target price of C$729.00.

The company has a quick ratio of 1.25, a current ratio of 2.00 and a debt-to-equity ratio of 36.63.

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 earnings per share for the quarter, missing the consensus estimate of C$14.60 by C($3.38). The company had revenue of C$5.80 billion for the quarter, compared to analysts’ expectations of C$5.49 billion. Sell-side analysts predict that Fairfax Financial Holdings Ltd Subordinate Voting Shares will post 42.7000999364041 earnings per share for the current fiscal year.

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Fairfax Financial Holdings Ltd Subordinate Voting Shares Company Profile (TSE:FFH)

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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