Bullboard - Stock Discussion Forum Fairfax Financial Holdings Ltd FAXXF

Primary Symbol: T.FFH Alternate Symbol(s): FRFHF | T.FFH.PR.C | FXFLF | FRFZF | T.FFH.PR.D | FRFGF | T.FFH.PR.E | FXFHF | T.FFH.PR.F | FAXRF | T.FFH.PR.G | T.FFH.PR.H | FRFXF | T.FFH.PR.I | T.FFH.PR.J | T.FFH.PR.K | FRFFF | T.FFH.PR.M | FFHPF

Financial Services Insurance - Property & Casualty

Fairfax Financial Holdings Limited is a Canada-based holding company. The Company, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management. The Company’s segments include Property and Casualty Insurance and Reinsurance, Life insurance and Run-off and Non-insurance companies. The Property and Casualty Insurance and... see more

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TSX:FFH - Post Discussion

Fairfax Financial Holdings Ltd > Good Looking Target

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Post by retiredcf on Aug 08, 2023 10:31am

Good Looking Target

National Bank’s Jaeme Gloyn raised his Street-high target for Fairfax Financial Holdings Ltd. to $1,700 from $1,600 with an “outperform” rating. The average is $1,451.76.

“We believe the combination of 1) 4-per-cent quarter-over-quarter increase in BVPS [book value per share]; 2) strong combined ratio of 94 per cent; 3) huge operating income beat; and 4) run-rate interest and dividend income that we estimate now approaches $1.9 billion will continue to drive the shares materially higher in the coming months,” said Mr. Gloyn.

“Although one of the best performing Financials stocks so far in 2023, we believe FFH remains the best value idea in our coverage universe.”

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