BMO lifts target for Fairfax Financial stock to CAD 2,700

Published on 10/17/2026 at 20:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 29, 2026. Fairfax Financial stock was last at CAD 2,403.11 on October 16, 2026, down 0.17 percent on the TSX.

Analyst target and reporting date

BMO Capital raised its Fairfax Financial target from CAD 2,500 to CAD 2,700 on October 16, 2026.
Fairfax Financial is scheduled to report results on October 29, 2026.
Fairfax Financial stock was last at CAD 2,403.11 on October 16, 2026 at 4:00 p.m. ET, down 0.17 percent on the TSX.
The company traded at a P/E ratio of 8.36 and a market capitalization of CAD 50.0 billion.

Fairfax Financial, CA3039011026, Illustration mit AI erstellt.

Fairfax Financial (CA3039011026) drew a higher valuation marker from BMO Capital on October 16, 2026, when the firm raised its target from CAD 2,500 to CAD 2,700 while keeping a Market Perform rating, as reported by Markets Insider. The target is 12.36 percent above the last TSX price of CAD 2,403.11. Fairfax Financial stock was last at CAD 2,403.11 on October 16, 2026 at 4:00 p.m. ET, down 0.17 percent from the prior TSX close.

Target change sets the tone

The BMO revision adds a CAD 200.00 increase to the target, or 8.00 percent from the previous CAD 2,500.00 level. The unchanged Market Perform rating keeps the message measured rather than directional. For investors, the spread between the target and the last traded price is the key market figure, with the target standing CAD 296.89 higher.

Stock sits inside its yearly range

Fairfax Financial traded between CAD 2,403.11 and CAD 2,460.90 during the October 16 session, with an opening level of CAD 2,408.34. Its 52-week range runs from CAD 2,066.16 to CAD 2,700.00, placing the last price 10.99 percent below the high and 16.31 percent above the low. Volume reached 69,373 shares against an average of 52,777 shares.

Valuation and reporting date

The company had a market capitalization of CAD 50.0 billion and a trailing P/E ratio of 8.36 on October 16, 2026. Fairfax Financial is listed on the Toronto Stock Exchange under the FFH ticker, according to Fairfax Financial. The next earnings date is October 29, 2026, according to TradingView.

Comparison with peers

Fairfax Financial: minus 0.17 percent, P/E 8.36, market capitalization CAD 50.0 billion

Intact Financial (TSX, CAD): plus 0.60 percent, P/E 14.09, market capitalization CAD 44.7 billion

Manulife Financial (TSX, CAD): plus 0.82 percent, P/E 16.94, market capitalization CAD 104.0 billion

What the target means for valuation

The target revision leaves Fairfax Financial below the BMO Capital level while the stock remains above its 52-week low. The low P/E ratio compared with Intact Financial and Manulife Financial gives the target change added importance, but the three stocks also differ in business mix and earnings composition.

Price and market position

Fairfax Financial was last at CAD 2,403.11 on the Toronto Stock Exchange on October 16, 2026 at 4:00 p.m. ET, down 0.17 percent versus the prior close of CAD 2,407.13. The TSX session was closed on October 17, 2026.