What Will Happen to Fairfax Financial Holdings Ltd Next? The Stock Just Declined A Lot

 What Will Happen to Fairfax Financial Holdings Ltd Next? The Stock Just Declined A Lot

The stock of Fairfax Financial Holdings Ltd (TSE:FFH) is a huge mover today! About 29,099 shares traded hands. Fairfax Financial Holdings Ltd (TSE:FFH) has declined 11.83% since April 12, 2016 and is downtrending. It has underperformed by 16.52% the S&P500.
The move comes after 8 months negative chart setup for the $13.76 billion company. It was reported on Nov, 16 by Barchart.com. We have $554.19 PT which if reached, will make TSE:FFH worth $1.24B less.

Fairfax Financial Holdings Ltd (TSE:FFH) Ratings Coverage

Out of 3 analysts covering Fairfax Financial Holdings Limited (TSE:FFH), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $780 is the highest target while $550 is the lowest. The $693.33 average target is 13.85% above today’s ($609) stock price. Fairfax Financial Holdings Limited has been the topic of 5 analyst reports since February 22, 2016 according to StockzIntelligence Inc. The stock has “Outperform” rating given by RBC Capital Markets on Friday, April 29.

More notable recent Fairfax Financial Holdings Ltd (TSE:FFH) news were published by: Fool.ca which released: “Fairfax Financial Holdings Ltd. Bets on Retail” on September 14, 2016, also Marketwired.com with their article: “Fairfax Financial Holdings Limited: Third Quarter Financial Results” published on November 03, 2016, Fool.ca published: “Is Fairfax Financial Holdings Ltd. for You?” on September 27, 2016. More interesting news about Fairfax Financial Holdings Ltd (TSE:FFH) were released by: Fool.ca and their article: “5 Reasons to Consider Fairfax Financial Holdings Ltd.” published on November 01, 2016 as well as Business.Financialpost.com‘s news article titled: “Fairfax third-quarter profit shrinks on steep investment losses” with publication date: November 04, 2016.

Fairfax Financial Holdings Limited is a holding company. The company has a market cap of $13.76 billion. The Company, through its subsidiaries, is engaged in property and casualty insurance, and reinsurance and investment management. It has a 43.13 P/E ratio.

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