Definity Financial Co. (TSE:DFY - Get Free Report) was up 9.6% on Wednesday . The company traded as high as C$76.42 and last traded at C$76.04. Approximately 228,869 shares traded hands during trading, an increase of 32% from the average daily volume of 173,093 shares. The stock had previously closed at C$69.41.
Analysts Set New Price Targets
A number of equities analysts have weighed in on DFY shares. Jefferies Financial Group reduced their price objective on Definity Financial from C$62.00 to C$58.00 in a research note on Monday, April 21st. CIBC lifted their price objective on Definity Financial from C$66.00 to C$70.00 in a research note on Friday, April 25th. UBS Group lifted their price objective on Definity Financial from C$58.00 to C$63.00 in a research note on Tuesday, February 18th. Desjardins lifted their price objective on 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. Finally, TD Securities lifted their price objective on 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. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of C$64.09.
Check Out Our Latest Stock Report on Definity Financial
Definity Financial Stock Up 11.1%
The stock has a market cap of C$8.89 billion, a PE ratio of 16.32, a P/E/G ratio of 2.63 and a beta of 0.04. The stock has a 50-day moving average of C$64.95 and a 200 day moving average of C$60.84.
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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