Definity Financial (TSE:DFY) Price Target Raised to C$72.00

Definity Financial (TSE:DFY) had its target price boosted by TD Securities from C$71.00 to C$72.00 in a report published on Friday,BayStreet.CA reports. The firm currently has a hold rating on the stock.

DFY has been the subject of a number of other research reports. Scotiabank upped their price objective on shares of Definity Financial from C$61.00 to C$62.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 24th. Raymond James upped their price objective on shares of Definity Financial from C$55.00 to C$62.00 in a research report on Tuesday, February 18th. Desjardins upped their price objective on shares of Definity Financial from C$64.00 to C$67.00 and gave the stock a “hold” rating in a research report on Thursday, April 24th. CIBC upped their price objective on shares of Definity Financial from C$66.00 to C$70.00 in a research report on Friday, April 25th. Finally, National Bankshares upped their price objective on shares of Definity Financial from C$70.00 to C$75.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 30th. Nine research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Definity Financial currently has a consensus rating of “Hold” and a consensus price target of C$63.45.

Definity Financial Stock Performance

The stock has a market cap of C$7.70 billion, a P/E ratio of 14.14, a P/E/G ratio of 2.63 and a beta of 0.04. Definity Financial has a 12-month low of C$41.97 and a 12-month high of C$70.00. The stock’s 50 day moving average price is C$63.41 and its two-hundred day moving average price is C$59.78.

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.