Definity Financial (TSE:DFY - Get Free Report) has been given a C$80.00 price target by equities research analysts at CIBC in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm currently has a "neutral" rating on the stock. CIBC's price objective would suggest a potential upside of 3.35% from the stock's previous close.
DFY has been the subject of a number of other research reports. Desjardins upgraded shares of Definity Financial to a "hold" rating in a report on Wednesday. Raymond James increased their price objective on shares of Definity Financial from C$55.00 to C$62.00 in a research report on Tuesday, February 18th. National Bankshares set a C$90.00 target price on Definity Financial and gave the company an "outperform" rating in a research report on Wednesday. Jefferies Financial Group cut their price objective on Definity Financial from C$62.00 to C$58.00 in a research report on Monday, April 21st. Finally, TD Securities raised their target price on shares of Definity Financial from C$72.00 to C$78.00 and gave the company a "hold" rating in a report on Wednesday. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of C$69.27.
Check Out Our Latest Analysis on Definity Financial
Definity Financial Stock Up 0.8%
Shares of TSE DFY traded up C$0.65 during midday trading on Thursday, hitting C$77.41. The stock had a trading volume of 15,835 shares, compared to its average volume of 182,409. The stock has a 50 day simple moving average of C$67.97 and a 200-day simple moving average of C$62.23. Definity Financial has a 1 year low of C$42.11 and a 1 year high of C$79.06. The company has a market capitalization of C$8.93 billion, a PE ratio of 16.39, a P/E/G ratio of 2.63 and a beta of 0.04.
About Definity Financial
(
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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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