Analysts Set Definity Financial Co. (TSE:DFY) Price Target at C$64.09

Definity Financial Co. (TSE:DFY) has been assigned a consensus rating of “Hold” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$64.09.

Several equities research analysts have issued reports on the company. UBS Group lifted their price objective on Definity Financial from C$58.00 to C$63.00 in a report on Tuesday, February 18th. Jefferies Financial Group dropped their price objective on Definity Financial from C$62.00 to C$58.00 in a report on Monday, April 21st. Scotiabank lifted their price objective on Definity Financial from C$61.00 to C$62.00 and gave the stock a “sector perform” rating in a report on Thursday, April 24th. TD Securities lifted their price objective on Definity Financial from C$71.00 to C$72.00 and gave the stock a “hold” rating in a report on Friday, May 9th. Finally, CIBC lifted their price objective on Definity Financial from C$66.00 to C$70.00 in a report on Friday, April 25th.

Definity Financial Stock Performance

Shares of TSE:DFY opened at C$67.95 on Friday. The company has a market cap of C$7.84 billion, a P/E ratio of 14.39, a PEG ratio of 2.63 and a beta of 0.04. Definity Financial has a one year low of C$41.97 and a one year high of C$70.00. The business’s 50-day simple moving average is C$63.90 and its 200 day simple moving average is C$60.24.

About Definity Financial

Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers.