TSX:FFH - Post Discussion
Post by
retiredcf on Feb 20, 2024 9:45am
Also BMO
Elsewhere, BMO’s Tom MacKinnon raised his target to $1,650 from $1,550 with an “outperform” rating.
“We see EPS/BVPS growth driven by much more reliable/higher quality sources (strong underwriting income on hard market conditions, stronger interest income as FFH puts its cash to work, rebounding earnings from associates/subsidiaries on improving market conditions) which improves earnings outlook/multiple expansion,” said Mr. MacKinnon.
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