01:30 PM EST, 11/10/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Our opinion on Fairfax Financial Holdings ( FRFHF ) is unchanged at 5-STARS (Strong Buy). We maintain our 12-month price target at CAD3,000, which is derived from an even more conservative earnings multiple of 9x our 2026 adjusted earnings per share due to some weakness in P&C. We raise our 2025 EPS estimate by USD14.87 to USD219.10 and 2026 by USD26.01 to USD243.41. Q3 generated fairly strong results, with a stronger P&C quarter Y/Y hindered by gains on investments (down 67% Y/Y). P&C operating income grew 18% Y/Y and underwriting profit was up 39% Y/Y. This translated into EPS growing 22% and BVPS growing 14%. The combined ratio of consolidated insurance businesses dropped 190 bps to a very healthy 92%. Management continues to buy back shares aggressively and remains committed to its TRS strategy, giving us confidence in its fundamentals and valuation.