There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Fairfax Financial Holdings (FRFHF – Research Report) and Equitable Group (EQGPF – Research Report) with bullish sentiments.
Fairfax Financial Holdings (FRFHF)
BMO Capital analyst Tom Mackinnon maintained a Buy rating on Fairfax Financial Holdings on February 17 and set a price target of $1150.00. The company’s shares closed last Friday at $693.01.
According to TipRanks.com, Mackinnon is a 5-star analyst with an average return of 15.1% and a 70.0% success rate. Mackinnon covers the Financial sector, focusing on stocks such as Element Fleet Management, Sun Life Financial, and Manulife Financial.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fairfax Financial Holdings with a $899.88 average price target, which is a 38.0% upside from current levels. In a report issued on February 7, National Bank also maintained a Buy rating on the stock with a C$1200.00 price target.
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Equitable Group (EQGPF)
In a report issued on February 17, Etienne Ricard from BMO Capital maintained a Buy rating on Equitable Group, with a price target of $93.00. The company’s shares closed last Thursday at $49.07.
According to TipRanks.com, Ricard is ranked #1258 out of 8343 analysts.
Equitable Group has an analyst consensus of Strong Buy, with a price target consensus of $64.86, representing a 32.2% upside. In a report issued on February 14, TD Securities also maintained a Buy rating on the stock with a C$83.00 price target.
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