Definity Financial (TSE:DFY) Given a C$87.00 Price Target at Royal Bank Of Canada

Royal Bank Of Canada set a C$87.00 target price on Definity Financial (TSE:DFY) in a research report sent to investors on Wednesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other equities analysts have also recently issued research reports about the stock. UBS Group lifted their target price on shares of Definity Financial from C$58.00 to C$63.00 in a research report on Tuesday, February 18th. Desjardins raised Definity Financial to a “hold” rating in a research report on Wednesday, June 11th. Scotiabank lifted their price target on Definity Financial from C$65.00 to C$76.00 in a report on Wednesday, June 11th. National Bankshares set a C$90.00 price objective on Definity Financial and gave the company an “outperform” rating in a research note on Wednesday, June 11th. Finally, BMO Capital Markets raised their target price on Definity Financial from C$63.00 to C$64.00 in a research report on Monday, May 12th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of C$71.64.

Definity Financial Price Performance

DFY opened at C$76.17 on Wednesday. Definity Financial has a fifty-two week low of C$42.49 and a fifty-two week high of C$79.06. The firm has a market capitalization of C$8.79 billion, a P/E ratio of 16.13, a PEG ratio of 2.63 and a beta of 0.04. The company’s 50-day moving average is C$69.24 and its 200 day moving average is C$62.76.

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.