Definity Financial Co. (TSE:DFY) Given Consensus Rating of “Hold” by Brokerages

Shares of Definity Financial Co. (TSE:DFY) have been given an average recommendation of “Hold” by the eight analysts that are currently covering the firm, MarketBeat reports. Seven analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$64.09.

Several research firms recently issued reports on DFY. CIBC increased their target price on Definity Financial from C$66.00 to C$70.00 in a research note on Friday, April 25th. 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. BMO Capital Markets increased their price objective on Definity Financial from C$63.00 to C$64.00 in a report on Monday, May 12th. Desjardins raised their price target on Definity Financial from C$64.00 to C$67.00 and gave the stock a “hold” rating in a research note on Thursday, April 24th. Finally, Raymond James boosted their target price on Definity Financial from C$55.00 to C$62.00 in a report on Tuesday, February 18th.

Definity Financial Trading Up 0.0%

DFY opened at C$73.60 on Wednesday. The stock’s 50-day moving average price is C$67.35 and its 200 day moving average price is C$62.04. Definity Financial has a 12-month low of C$42.11 and a 12-month high of C$79.06. The firm has a market cap of C$8.49 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 2.63 and a beta of 0.04.

Definity Financial Company Profile

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