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

Tipranks - Wed Mar 11, 9:06PM CDT

RBC Capital analyst Bart Dziarski maintained a Buy rating on Fairfax Financial Holdings on March 9 and set a price target of $2,234.00. The company’s shares closed yesterday at C$2,242.19.

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Dziarski covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, Brookfield Corporation, and Brookfield Asset Management Ltd. Class A. According to TipRanks, Dziarski has an average return of -2.4% and a 31.17% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fairfax Financial Holdings with a $2,067.77 average price target, a -7.78% downside from current levels. In a report released yesterday, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a C$2,534.00 price target.

The company has a one-year high of C$2,700.00 and a one-year low of C$1,836.92. Currently, Fairfax Financial Holdings has an average volume of 101.1K.

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.

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