Definity Financial (TSE:DFY - Get Free Report) received a C$87.00 price target from investment analysts at Royal Bank Of Canada in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. Royal Bank Of Canada's price objective indicates a potential upside of 13.80% from the company's current price.
Several other equities analysts have also recently weighed in on the company. TD Securities boosted their price objective on Definity Financial from C$72.00 to C$78.00 and gave the stock a "hold" rating in a research report on Wednesday, June 11th. National Bankshares set a C$90.00 price target on shares of Definity Financial and gave the company an "outperform" rating in a report on Wednesday, June 11th. Jefferies Financial Group decreased their target price on shares of Definity Financial from C$62.00 to C$58.00 in a research report on Monday, April 21st. CIBC set a C$80.00 price target on shares of Definity Financial and gave the stock a "neutral" rating in a research note on Thursday, June 12th. Finally, Cormark raised Definity Financial from a "hold" rating to a "moderate buy" rating in a report on Wednesday, June 11th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of C$71.64.
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Definity Financial Price Performance
TSE:DFY traded up C$0.16 during trading hours on Wednesday, reaching C$76.45. The company's stock had a trading volume of 59,041 shares, compared to its average volume of 182,181. The company has a market cap of C$8.82 billion, a price-to-earnings ratio of 16.19, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04. Definity Financial has a one year low of C$42.49 and a one year high of C$79.06. The business's 50-day moving average is C$68.94 and its 200-day moving average is C$62.67.
Definity Financial Company Profile
(
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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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