Definity Financial Co. (TSE:DFY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Definity Financial Co. (TSE:DFYGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$79.91.

Several analysts have commented on the stock. Barclays boosted their price target on shares of Definity Financial from C$78.00 to C$79.00 in a research note on Friday, May 8th. Raymond James Financial decreased their price target on shares of Definity Financial from C$74.00 to C$72.00 and set a “market perform” rating on the stock in a research note on Friday, February 13th. Desjardins decreased their price target on shares of Definity Financial from C$75.00 to C$73.00 and set a “hold” rating on the stock in a research note on Monday, April 27th. National Bank Financial boosted their price target on shares of Definity Financial from C$93.00 to C$94.00 in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group boosted their price target on shares of Definity Financial from C$76.00 to C$81.00 in a research note on Monday, May 4th.

Read Our Latest Stock Analysis on Definity Financial

Definity Financial Stock Performance

Shares of TSE DFY opened at C$65.87 on Wednesday. The company has a market cap of C$7.92 billion, a P/E ratio of 20.33, a P/E/G ratio of 2.63 and a beta of 0.04. Definity Financial has a 52-week low of C$61.87 and a 52-week high of C$79.95. The firm’s fifty day moving average is C$66.43 and its two-hundred day moving average is C$69.34.

Definity Financial (TSE:DFYGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.97 EPS for the quarter. The business had revenue of C$1.92 billion for the quarter. Definity Financial had a net margin of 6.94% and a return on equity of 9.82%. As a group, analysts forecast that Definity Financial will post 3.1263962 EPS for the current fiscal year.

Definity Financial Company Profile

(Get Free Report)

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

See Also

Analyst Recommendations for Definity Financial (TSE:DFY)

Receive News & Ratings for Definity Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Definity Financial and related companies with MarketBeat.com's FREE daily email newsletter.