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

Shares of Definity Financial Co. (TSE:DFY) have been given an average rating of “Hold” by the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$79.80.

Several equities research analysts have issued reports on the company. Raymond James Financial dropped their price target on Definity Financial from C$74.00 to C$72.00 and set a “market perform” rating for the company in a research note on Friday, February 13th. Jefferies Financial Group set a C$88.00 price objective on Definity Financial and gave the company a “buy” rating in a research report on Wednesday, January 7th. Scotiabank raised their price objective on Definity Financial from C$65.00 to C$80.00 in a report on Friday, January 30th. Finally, Barclays boosted their target price on Definity Financial from C$80.00 to C$81.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th.

Definity Financial Trading Up 0.0%

Shares of DFY stock opened at C$67.80 on Friday. The company has a market capitalization of C$8.13 billion, a PE ratio of 19.32, a price-to-earnings-growth ratio of 2.63 and a beta of -0.03. Definity Financial has a 52-week low of C$57.25 and a 52-week high of C$79.95. The business’s fifty day moving average is C$69.67 and its 200 day moving average is C$70.54. The company has a debt-to-equity ratio of 28.76, a quick ratio of 0.31 and a current ratio of 0.27.

Definity Financial (TSE:DFY) last issued its quarterly earnings data on Thursday, February 12th. The company reported C$0.99 EPS for the quarter. Definity Financial had a return on equity of 11.01% and a net margin of 8.58%.The company had revenue of C$1.10 billion during the quarter. On average, equities research analysts anticipate that Definity Financial will post 3.1263962 EPS for the current fiscal year.

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.