Bullboard - Stock Discussion Forum Fairfax Financial Holdings Ltd T.FFH.PR.C

Primary Symbol: T.FFH Alternate Symbol(s): FRFHF | FXFLF | FRFZF | T.FFH.PR.D | FRFGF | T.FFH.PR.E | FXFHF | T.FFH.PR.F | FAXRF | T.FFH.PR.G | FAXXF | 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 > RBC Raise Target

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Post by retiredcf on Oct 03, 2024 11:20am

RBC Raise Target

RBC’s Scott Heleniak raised his Fairfax Financial Holdings Ltd. ( target to US$1,425 from US$1,325 with an “outperform” rating. The average is $1,950 (Canadian).

“We are reducing our 2024 EPS estimate to US$133.40 (from US$138.00) to factor in higher-than-modeled Q3 catastrophe loss assumptions,” he said. “We now assume US$450-milllion in Q3 cat losses (7.1 loss ratio points), up just over US$125-million from our previous forecast. We expect Fairfax to have exposure to several international cat events including Canadian events, U.S. hurricanes, and Asia/European storms. Our 2025 EPS estimate of US$154.00 remains unchanged.”

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