Definity Financial (TSE:DFY) Price Target Raised to C$66.00

Definity Financial (TSE:DFY) had its target price lifted by CIBC from C$59.00 to C$66.00 in a research report report published on Tuesday,BayStreet.CA reports.

Several other equities analysts have also commented on DFY. TD Securities increased their price objective on shares of Definity Financial from C$60.00 to C$71.00 and gave the company a “hold” rating in a research report on Friday, February 14th. National Bankshares increased their price objective on shares of Definity Financial from C$62.00 to C$65.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. UBS Group increased their price objective on shares of Definity Financial from C$58.00 to C$63.00 in a research report on Tuesday. Scotiabank increased their price objective on shares of Definity Financial from C$60.00 to C$61.00 in a research report on Tuesday. Finally, Raymond James increased their price objective on shares of Definity Financial from C$55.00 to C$62.00 in a research report on Tuesday. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Definity Financial presently has a consensus rating of “Hold” and an average price target of C$59.27.

Definity Financial Stock Performance

Shares of TSE:DFY opened at C$59.38 on Tuesday. Definity Financial has a fifty-two week low of C$41.97 and a fifty-two week high of C$64.14. The firm has a fifty day moving average price of C$57.97 and a 200 day moving average price of C$55.12. The firm has a market cap of C$6.85 billion, a price-to-earnings ratio of 12.57, a P/E/G ratio of 2.63 and a beta of 0.04.

About Definity Financial

Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers.