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

Definity Financial Co. (TSE:DFY) has been given a consensus recommendation of “Hold” by the seven ratings firms that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$71.64.

A number of research firms recently commented on DFY. Cormark raised shares of Definity Financial from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 11th. TD Securities boosted their price objective on shares of Definity Financial from C$72.00 to C$78.00 and gave the stock a “hold” rating in a report on Wednesday, June 11th. Jefferies Financial Group decreased their price objective on shares of Definity Financial from C$62.00 to C$58.00 in a report on Monday, April 21st. Raymond James Financial boosted their price objective on shares of Definity Financial from C$65.00 to C$74.00 and gave the stock a “market perform” rating in a report on Thursday, June 12th. Finally, Royal Bank Of Canada raised shares of Definity Financial to a “moderate buy” rating and set a C$87.00 price target on the stock in a report on Wednesday, June 18th.

Definity Financial Trading Down 0.1%

DFY stock opened at C$77.60 on Friday. The company has a market cap of C$8.95 billion, a P/E ratio of 16.43, a P/E/G ratio of 2.63 and a beta of 0.04. Definity Financial has a 52 week low of C$43.88 and a 52 week high of C$79.95. The company’s 50-day moving average price is C$72.48 and its 200 day moving average price is C$64.35.

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.