Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) have earned a consensus rating of “Moderate Buy” from the five brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company.

A number of brokerages have commented on FRFHF. National Bankshares restated an “outperform” rating on shares of Fairfax Financial in a research note on Monday, October 27th. Scotiabank reissued an “outperform” rating on shares of Fairfax Financial in a report on Wednesday, October 22nd. Wall Street Zen upgraded Fairfax Financial from a “hold” rating to a “buy” rating in a research report on Sunday, August 31st. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Fairfax Financial in a research report on Thursday, October 16th.

Fairfax Financial Stock Down 0.9%

Shares of FRFHF stock opened at $1,735.79 on Wednesday. Fairfax Financial has a one year low of $1,292.53 and a one year high of $1,833.48. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.77 and a quick ratio of 2.77. The stock has a fifty day moving average price of $1,678.97 and a 200 day moving average price of $1,722.08. The stock has a market cap of $38.60 billion, a P/E ratio of 8.39 and a beta of 0.59.

Fairfax Financial (OTCMKTS:FRFHF) last announced its quarterly earnings data on Thursday, November 6th. The financial services provider reported $52.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $41.00 by $11.04. The company had revenue of $8.26 billion during the quarter, compared to analysts’ expectations of $8.57 billion. Fairfax Financial had a net margin of 15.01% and a return on equity of 16.47%. Analysts predict that Fairfax Financial will post 166.85 earnings per share for the current year.

About Fairfax Financial

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. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.