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

Shares of Definity Financial Co. (TSE:DFY - Get Free Report) have received a consensus recommendation of "Hold" from the eleven brokerages that are currently covering the company, Marketbeat.com reports. Nine analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$62.45.

DFY has been the topic of several research analyst reports. UBS Group raised their price objective on Definity Financial from C$58.00 to C$63.00 in a report on Tuesday, February 18th. Scotiabank boosted their price target on shares of Definity Financial from C$61.00 to C$62.00 and gave the stock a "sector perform" rating in a report on Thursday. CIBC upped their price objective on shares of Definity Financial from C$66.00 to C$70.00 in a research report on Friday. Jefferies Financial Group dropped their target price on shares of Definity Financial from C$62.00 to C$58.00 in a research report on Monday, April 21st. Finally, Raymond James upped their price target on shares of Definity Financial from C$55.00 to C$62.00 in a research report on Tuesday, February 18th.

Definity Financial Stock Performance

TSE DFY traded down C$0.78 during mid-day trading on Tuesday, reaching C$65.83. 99,171 shares of the stock were exchanged, compared to its average volume of 182,212. Definity Financial has a 1 year low of C$41.97 and a 1 year high of C$66.93. The business's 50 day moving average is C$61.88 and its 200-day moving average is C$58.77. The company has a market capitalization of C$7.59 billion, a P/E ratio of 13.94, a P/E/G ratio of 2.63 and a beta of 0.04.

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.