Shares of Definity Financial Co. (TSE:DFY - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$70.15 and last traded at C$70.02, with a volume of 24096 shares changing hands. The stock had previously closed at C$68.87.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. CIBC lifted their price target on Definity Financial from C$66.00 to C$70.00 in a report on Friday, April 25th. TD Securities raised their price objective on Definity Financial from C$71.00 to C$72.00 and gave the company a "hold" rating in a research report on Friday, May 9th. Scotiabank boosted their target price on Definity Financial from C$61.00 to C$62.00 and gave the stock a "sector perform" rating in a report on Thursday, April 24th. National Bankshares increased their price target on Definity Financial from C$70.00 to C$75.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Finally, UBS Group lifted their price objective on shares of Definity Financial from C$58.00 to C$63.00 in a research report on Tuesday, February 18th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of C$64.09.
View Our Latest Report on Definity Financial
Definity Financial Stock Performance
The stock has a market cap of C$8.56 billion, a PE ratio of 15.71, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04. The company's 50 day simple moving average is C$65.89 and its 200 day simple moving average is C$61.23.
Definity Financial Company Profile
(
Get Free Report)
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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