Fairfax Financial Holdings Ltd (TSE:FFH) – Investment analysts at Cormark lowered their Q3 2017 earnings per share (EPS) estimates for shares of Fairfax Financial Holdings in a research report issued to clients and investors on Wednesday, according to Zacks Investment Research. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $12.58 for the quarter, down from their previous estimate of $30.39. Cormark also issued estimates for Fairfax Financial Holdings’ FY2017 earnings at $84.77 EPS.
A number of other analysts have also recently commented on the stock. BMO Capital Markets upped their target price on shares of Fairfax Financial Holdings from C$700.00 to C$740.00 in a report on Friday, November 3rd. Fairfax Financial Holdings Ltd. upped their target price on shares of Fairfax Financial Holdings from C$525.00 to C$550.00 and gave the company an “outperform” rating in a report on Wednesday, August 16th. Royal Bank of Canada upped their target price on shares of Fairfax Financial Holdings from C$525.00 to C$550.00 and gave the company an “outperform” rating in a report on Tuesday, August 8th. Finally, CIBC dropped their price target on shares of Fairfax Financial Holdings from C$650.00 to C$625.00 in a research report on Friday, September 8th.
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Shares of Fairfax Financial Holdings (TSE:FFH) traded down C$13.76 during midday trading on Friday, hitting C$680.46. 36,747 shares of the stock traded hands, compared to its average volume of 58,982. Fairfax Financial Holdings has a 52-week low of C$547.95 and a 52-week high of C$706.86.
Fairfax Financial Holdings Company Profile
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. It operates through Insurance and Reinsurance, Runoff, and Other segments. The company also underwrites specialty insurance and reinsurance; develops, produces, markets, and distributes television programs; and owns and operates premium dining restaurants and holiday resorts.
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