Definity Financial Co. (TSE:DFY) Receives Average Recommendation of "Hold" from Analysts

Shares of Definity Financial Co. (TSE:DFY - Get Free Report) have been given an average recommendation of "Hold" by the eight research firms that are currently covering the company, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$64.09.

DFY has been the subject of a number of recent research reports. Scotiabank increased their price objective on 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. BMO Capital Markets increased their price objective on Definity Financial from C$63.00 to C$64.00 in a research report on Monday, May 12th. Raymond James increased their price objective on Definity Financial from C$55.00 to C$62.00 in a research report on Tuesday, February 18th. Desjardins increased their price objective on 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. Finally, CIBC increased their price objective on Definity Financial from C$66.00 to C$70.00 in a research report on Friday, April 25th.

Definity Financial Stock Up 2.4%

DFY opened at C$67.95 on Friday. Definity Financial has a 52 week low of C$41.97 and a 52 week high of C$70.00. The business has a 50 day moving average price of C$63.75 and a two-hundred day moving average price of C$60.07. The company has a market cap of C$7.84 billion, a PE ratio of 14.39, 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.

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