Definity Financial (TSE:DFY - Get Free Report) was upgraded by analysts at Cormark from a "hold" rating to a "moderate buy" rating in a research report issued on Wednesday,Zacks.com reports. Cormark also issued estimates for Definity Financial's FY2025 earnings at $3.13 EPS and FY2026 earnings at $3.78 EPS.
Other analysts have also recently issued research reports about the company. Desjardins increased their target price on Definity Financial from C$64.00 to C$67.00 and gave the company a "hold" rating in a research report on Thursday, April 24th. Scotiabank increased their target price on Definity Financial from C$65.00 to C$76.00 in a research report on Wednesday. UBS Group increased their target price on Definity Financial from C$58.00 to C$63.00 in a research report on Tuesday, February 18th. Raymond James increased their target price on Definity Financial from C$55.00 to C$62.00 in a research report on Tuesday, February 18th. Finally, Jefferies Financial Group lowered their price objective on Definity Financial from C$62.00 to C$58.00 in a research report on Monday, April 21st. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, Definity Financial has an average rating of "Hold" and an average target price of C$69.27.
Read Our Latest Stock Report on DFY
Definity Financial Price Performance
TSE DFY traded up C$1.05 during midday trading on Wednesday, hitting C$77.81. 164,082 shares of the company traded hands, compared to its average volume of 183,846. The company has a market cap of C$8.98 billion, a PE ratio of 16.47, 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$68.32 and its 200-day simple moving average is C$62.42. Definity Financial has a 52 week low of C$42.11 and a 52 week high of C$79.06.
About Definity Financial
(
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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