Definity Financial (TSE:DFY - Free Report) had its target price lifted by Scotiabank from C$65.00 to C$76.00 in a research note published on Wednesday morning,BayStreet.CA reports.
A number of other research firms also recently issued reports on DFY. National Bankshares upped their target price on shares of Definity Financial from C$70.00 to C$75.00 and gave the company an "outperform" rating in a research report on Wednesday, April 30th. BMO Capital Markets boosted their price target on shares of Definity Financial from C$63.00 to C$64.00 in a research note on Monday, May 12th. UBS Group raised their price objective on shares of Definity Financial from C$58.00 to C$63.00 in a research note on Tuesday, February 18th. Desjardins lifted their target price on shares of Definity Financial from C$64.00 to C$67.00 and gave the stock a "hold" rating in a report on Thursday, April 24th. Finally, Raymond James increased their price target on Definity Financial from C$55.00 to C$62.00 in a research note on Tuesday, February 18th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Definity Financial presently has an average rating of "Hold" and an average target price of C$69.27.
Check Out Our Latest Report on DFY
Definity Financial Price Performance
Shares of DFY stock traded up C$1.21 on Wednesday, reaching C$76.76. 198,520 shares of the stock were exchanged, compared to its average volume of 184,021. Definity Financial has a one year low of C$42.11 and a one year high of C$79.06. The stock has a market cap of C$8.86 billion, a PE ratio of 16.25, a P/E/G ratio of 2.63 and a beta of 0.04. The stock has a 50 day moving average price of C$67.64 and a 200 day moving average price of C$62.13.
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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