Fairfax Financial (OTCMKTS:FRFHF) Reaches New 52-Week High – Still a Buy?

Shares of Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) reached a new 52-week high on Monday . The stock traded as high as $1,422.79 and last traded at $1,394.48, with a volume of 11104 shares traded. The stock had previously closed at $1,413.06.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised their target price on Fairfax Financial from $1,425.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th.

Fairfax Financial Trading Down 1.3 %

The firm has a market cap of $32.35 billion, a price-to-earnings ratio of 8.53 and a beta of 0.79. The firm’s 50-day moving average is $1,285.48 and its 200-day moving average is $1,193.12. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.39.

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.