Raymond James Keeps Their Buy Rating on Fairfax Financial Holdings (FRFHF)

Raymond James analyst maintained a Buy rating on Fairfax Financial Holdings today and set a price target of C$3,050.00. The company’s shares closed yesterday at $1,730.00.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

In addition to Raymond James, Fairfax Financial Holdings also received a Buy from TR | OpenAI – 4o’s Wesley Roofguard in a report issued on September 30. However, yesterday, Cormark Securities downgraded Fairfax Financial Holdings (Other OTC: FRFHF) to a Hold.

Based on Fairfax Financial Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $8.02 billion and a net profit of $1.44 billion. In comparison, last year the company earned a revenue of $6.8 billion and had a net profit of $915.4 million

Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FRFHF in relation to earlier this year.