Definity Financial Co. (TSE:DFY) Given Consensus Rating of "Hold" by Brokerages

Shares of Definity Financial Co. (TSE:DFY - Get Free Report) have been assigned an average recommendation of "Hold" from the eleven brokerages that are covering the firm, Marketbeat.com reports. Nine research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$59.27.

Several research firms have recently weighed in on DFY. TD Securities increased their price objective on shares of Definity Financial from C$60.00 to C$71.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. BMO Capital Markets increased their target price on Definity Financial from C$53.00 to C$57.00 in a report on Monday, November 11th. Scotiabank boosted their price target on Definity Financial from C$60.00 to C$61.00 in a report on Tuesday, February 18th. UBS Group upped their price objective on Definity Financial from C$58.00 to C$63.00 in a research report on Tuesday, February 18th. Finally, CIBC lifted their target price on Definity Financial from C$59.00 to C$66.00 in a research report on Tuesday, February 18th.

Definity Financial Stock Down 0.9 %

Shares of DFY traded down C$0.59 on Monday, hitting C$62.49. The company's stock had a trading volume of 225,795 shares, compared to its average volume of 143,363. The firm's fifty day moving average price is C$58.64 and its 200-day moving average price is C$55.96. 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 market capitalization of C$7.21 billion, a price-to-earnings ratio of 13.23, a P/E/G ratio of 2.63 and a beta of 0.04.

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Definity Financial Company Profile

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