Fairfax Financial Holdings (FRFHF) Gets a Hold from ATB Cormark Capital Markets

In a report released today, Jeff Fenwick from ATB Cormark Capital Markets maintained a Hold rating on Fairfax Financial Holdings, with a price target of C$2,600.00.

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Fenwick covers the Financial sector, focusing on stocks such as Canaccord Genuity, Fairfax Financial Holdings, and Trisura Group Ltd. According to TipRanks, Fenwick has an average return of 35.5% and a 69.23% success rate on recommended stocks.

In a report released on February 20, BMO Capital also maintained a Hold rating on the stock with a C$2,500.00 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$1.15 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 69 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.