Fairfax Financial ( TSE:FFH – Get Free Report ) had its target price hoisted by CIBC from C$2,400.00 to C$2,500.00 in a report issued on Monday,
BayStreet.CA reports. CIBC’s price objective would indicate a potential upside of 27.59% from the company’s previous close. Separately, Cormark boosted their target price on Fairfax Financial from C$2,125.00 to C$2,250.00 in a report on Tuesday, February 18th.
Fairfax Financial Trading Down 0.3 %
Insider Transactions at Fairfax Financial
In other news, insider Andrew Barnard sold 2,305 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of C$2,056.06, for a total transaction of C$4,739,220.14. Also, Director Brian Johnston Porter bought 100 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was bought at an average price of C$2,104.88 per share, for a total transaction of C$210,488.00. Insiders have acquired 111 shares of company stock valued at $232,454 in the last quarter. Insiders own 3.76% of the company’s stock.
Fairfax Financial 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. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.
Further Reading
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