Definity Financial Co. (TSE:DFY - Get Free Report)'s stock price shot up 9.6% during trading on Wednesday . The company traded as high as C$76.42 and last traded at C$76.04. 228,869 shares traded hands during mid-day trading, an increase of 32% from the average session volume of 173,093 shares. The stock had previously closed at C$69.41.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on DFY. Jefferies Financial Group decreased their price target on shares of Definity Financial from C$62.00 to C$58.00 in a report on Monday, April 21st. UBS Group increased their price target on shares of Definity Financial from C$58.00 to C$63.00 in a report on Tuesday, February 18th. TD Securities upped their price objective on shares of Definity Financial from C$71.00 to C$72.00 and gave the company a "hold" rating in a research note on Friday, May 9th. Raymond James upped their price objective on shares of Definity Financial from C$55.00 to C$62.00 in a research note on Tuesday, February 18th. Finally, Desjardins upped their price objective on shares of Definity Financial from C$64.00 to C$67.00 and gave the company a "hold" rating in a research note on Thursday, April 24th. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of C$64.09.
View Our Latest Stock Report on Definity Financial
Definity Financial Stock Performance
The firm has a market cap of C$8.56 billion, a PE ratio of 15.71, a PEG ratio of 2.63 and a beta of 0.04. The company's 50-day simple moving average is C$65.89 and its two-hundred 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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