Definity Financial (TSE:DFY) Price Target Raised to C$61.00 at Scotiabank

Definity Financial (TSE:DFY - Free Report) had its price objective lifted by Scotiabank from C$60.00 to C$61.00 in a report published on Tuesday morning,BayStreet.CA reports.

Several other research analysts also recently commented on DFY. UBS Group lifted their price objective on Definity Financial from C$58.00 to C$63.00 in a report on Tuesday. National Bankshares lifted their price target on Definity Financial from C$62.00 to C$65.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 30th. TD Securities increased their price objective on Definity Financial from C$60.00 to C$71.00 and gave the company a "hold" rating in a research note on Friday, February 14th. Cormark cut shares of Definity Financial from a "moderate buy" rating to a "hold" rating in a report on Wednesday, October 30th. Finally, Raymond James lowered shares of Definity Financial from an "outperform" rating to a "market perform" rating and upped their price target for the company from C$53.00 to C$55.00 in a report on Tuesday, November 12th. Nine investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Definity Financial presently has a consensus rating of "Hold" and a consensus price target of C$59.27.

Definity Financial Trading Down 1.3 %

Shares of DFY traded down C$0.79 during mid-day trading on Tuesday, reaching C$58.59. The company's stock had a trading volume of 186,068 shares, compared to its average volume of 113,701. Definity Financial has a 52 week low of C$41.97 and a 52 week high of C$64.14. The company's fifty day moving average price is C$57.98 and its two-hundred day moving average price is C$55.15. The stock has a market cap of C$6.76 billion, a PE ratio of 12.40, a P/E/G ratio of 2.63 and a beta of 0.04.

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.