CIBC upgraded shares of Fairfax Financial Holdings Ltd (TSE:FFH) from an underperform rating to a neutral rating in a report issued on Monday, July 24th. They currently have C$600.00 target price on the stock.
Separately, Royal Bank Of Canada restated an outperform rating on shares of Fairfax Financial Holdings in a report on Tuesday, June 27th.
Shares of Fairfax Financial Holdings (TSE FFH) traded down 1.15% during midday trading on Monday, reaching $588.44. 25,652 shares of the company’s stock traded hands. The stock’s market cap is $13.56 billion. The stock has a 50 day moving average of $583.17 and a 200-day moving average of $600.79. Fairfax Financial Holdings has a 12 month low of $547.95 and a 12 month high of $777.45.
About Fairfax Financial Holdings
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. It operates through Insurance and Reinsurance, Runoff, and Other segments. The company also underwrites specialty insurance and reinsurance; develops, produces, markets, and distributes television programs; and owns and operates premium dining restaurants and holiday resorts.
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