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Highlights
Fairfax Financial Holdings Limited (TSE:FFH) reached a new 52-week high on Monday, trading as high as C$2,393.06 before settling at C$2,392.64 during mid-day trading. This marks a continued upward trajectory from its previous close of C$2,355.55. Trading volume stood at 9,527 shares.
Fairfax Financial operates globally across multiple segments, including property and casualty insurance, reinsurance, and investment management. Its diversified business model spans the United States, Canada, Asia, and other international markets.
Amid this upward movement, several brokerages have updated their outlook on the stock. Notably, National Bankshares increased its price target on Fairfax shares from C$2,600.00 to C$2,700.00, while maintaining its “Outperform” rating, according to an April 30th report. This reflects the bank’s view that the stock may continue to perform above its sector average.
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