
TSE:FFH
This summary was created by AI, based on 22 opinions in the last 12 months.
The overall sentiment around Fairfax Financial (FFH-T) reflects a cautious perspective among analysts. Many express concerns about the stock's recent downtrend and indicate that while it possesses strong management and quality business operations, investor interest appears to be waning. Valuations seem fair rather than compelling, with the forward PE hovering around 8-9x and price-to-book ratios indicating no significant discounts compared to peers. Though some analysts highlight the company’s solid long-term potential, especially in the insurance and investment sectors, others suggest that significant upside catalysts are lacking for the short term. There's a general sense that while FFH-T is a decent long-term hold, it may not be the most attractive buying opportunity currently due to valuation concerns and the possibility of flat performance in the near future.
(Past Top Pick Sept.29, 2017, Up 8%) They sold their majority stake in their Asian insurance business. It does suffer lumpy earnings, but they write profitable insurance. Made a big purchase in Allied World last year. Some of their investments, like the Toronto Star, may or may not work out, but Prem Watsa is a smart guy. He continues to like this.
It is defensive in nature. It is a really well run business. The insurance business is quite profitable for them right now. Over the long term, management has done a fantastic job. They have made some great investments. It is very high quality and will do well as a long term investment. (Analysts’ target: $775.38).