RBC Capital Sticks to Their Buy Rating for Fairfax Financial Holdings (FRFHF)

In a report released today, Bart Dziarski from RBC Capital maintained a Buy rating on Fairfax Financial Holdings, with a price target of C$2,200.00.

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Dziarski covers the Financial sector, focusing on stocks such as Power Corp of Canada, IGM Financial, and Sprott. According to TipRanks, Dziarski has an average return of 7.7% and a 75.47% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fairfax Financial Holdings with a C$2,696.25 average price target.

Based on Fairfax Financial Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$7.55 billion and a net profit of C$1.59 billion. In comparison, last year the company earned a revenue of C$8.05 billion and had a net profit of C$1.03 billion

Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FRFHF in relation to earlier this year.