ATB Cormark cuts target to CAD 2,500 for Fairfax Financial stock
Published on 10/15/2026 at 20:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- ATB Cormark cut its Fairfax Financial target to CAD 2,500 on October 8, 2026.
- Second-quarter 2026 revenue reached USD 11.42 billion.
- Fairfax Financial stock costs EUR 1,503.00 at Lang & Schwarz on October 15, 2026 at 8:33 p.m. CEST, up 4.99 percent on the Toronto Stock Exchange.
- The next earnings report is scheduled for October 29, 2026.
ATB Cormark cut its Fairfax Financial target from CAD 2,600 to CAD 2,500 on October 8, 2026, while keeping a sector perform rating, according to MarketBeat. The target is 4.00 percent above Fairfax Financial's Toronto Stock Exchange price of CAD 2,403.80. Fairfax Financial stock stood at EUR 1,503.00 at Lang & Schwarz on October 15, 2026 at 8:33 p.m. CEST; the Toronto Stock Exchange move was plus 4.99 percent against the prior close.
Second-quarter figures add context
Fairfax Financial reported USD 11.42 billion in revenue and USD 1.36 billion in net profit for the second quarter of 2026, according to Markets Insider. The same report said revenue in the year-earlier quarter was CAD 8.02 billion and net profit was CAD 1.44 billion, so the currencies differ and the figures are not a direct percentage comparison.
Price sits below annual high
The Toronto Stock Exchange quote was CAD 2,403.80 on October 15, 2026, with a 52-week range of CAD 2,066.16 to CAD 2,700.00. The current price is 10.96 percent below the high and 16.34 percent above the low. Trading volume was 43,737 shares, compared with an average of 51,874 shares.
Fairfax's October 15 move puts the stock near the upper half of its annual range, while the analyst target remains only CAD 96.20 above the latest Toronto quote. The difference matters because the target is denominated in Canadian dollars, whereas the German market indication is in euros.
Valuation and October date
Fairfax Financial had a price-to-earnings ratio of 8.34 and a trailing dividend yield of 0.01 percent on October 15, 2026. The next earnings report is scheduled for October 29, 2026, according to TradingView.
Comparison with peers
Chubb (NYSE, USD): plus 1.30 percent, P/E 12.48, market capitalization USD 136.8 billion
The Travelers Companies (NYSE, USD): plus 1.57 percent, P/E 10.27, market capitalization USD 80.0 billion
Trading perspective
Fairfax combines a lower price-to-earnings ratio than the two US insurance peers with a smaller dividend yield. Its latest Toronto quotation remains below the CAD 2,700.00 annual high, while the next scheduled earnings date gives the market a defined near-term event.
Fairfax Financial was named a strategic buyer for a majority stake in IDBI Bank on October 14, 2026, according to CNBC TV18. The company event is separate from the analyst target and the scheduled results date.
Euro price after Xetra hours
At Lang & Schwarz, Fairfax Financial stood at EUR 1,503.00 on October 15, 2026 at 8:33 p.m. CEST. The Toronto Stock Exchange quote was CAD 2,403.80 on the same date, up 4.99 percent from its prior close.
The further course of trading is shown by the continuously updated real-time quote of Fairfax Financial stock.
Fairfax Financial stock facts
- Company: Fairfax Financial Holdings Limited
- ISIN: CA3039011026
- Ticker: FFH
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz (as of October 15, 2026, 8:33 p.m. CEST): EUR 1,503.00
- Toronto Stock Exchange change: plus 4.99 percent versus the prior close on October 14, 2026
- Market capitalization: CAD 50.1 billion (as of October 15, 2026)
- 52-week range: CAD 2,066.16-2,700.00 (as of October 15, 2026)
- Sector / Industry: Financials / Insurance
- Next earnings date: October 29, 2026
Market context: Market report S&P/TSX Composite.
