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Raymond James Issues Positive Forecast for Definity Financial (TSE:DFY) Stock Price

Definity Financial logo with Financial Services background

Definity Financial (TSE:DFY - Get Free Report) had its target price boosted by equities research analysts at Raymond James from C$55.00 to C$62.00 in a note issued to investors on Tuesday,BayStreet.CA reports. Raymond James' price objective indicates a potential upside of 5.82% from the company's current price. Raymond James also issued estimates for Definity Financial's Q1 2025 earnings at $0.79 EPS, Q2 2025 earnings at $81.00 EPS, Q3 2025 earnings at $0.80 EPS, FY2025 earnings at $3.46 EPS, Q1 2026 earnings at $0.85 EPS, Q2 2026 earnings at $0.86 EPS, Q3 2026 earnings at $0.85 EPS, Q4 2026 earnings at $1.12 EPS and FY2026 earnings at $3.67 EPS.

Other research analysts also recently issued reports about the company. Scotiabank increased their target price on Definity Financial from C$60.00 to C$61.00 in a research report on Tuesday. National Bankshares lifted their price objective on shares of 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. BMO Capital Markets upped their target price on shares of Definity Financial from C$53.00 to C$57.00 in a research report on Monday, November 11th. TD Securities increased their price target on shares of Definity Financial from C$60.00 to C$71.00 and gave the company a "hold" rating in a report on Friday, February 14th. Finally, Cormark cut Definity Financial from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, October 30th. Nine research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of C$59.27.

View Our Latest Analysis on DFY

Definity Financial Trading Down 1.3 %

Shares of TSE:DFY traded down C$0.79 during mid-day trading on Tuesday, reaching C$58.59. The stock had a trading volume of 186,068 shares, compared to its average volume of 113,701. The company has a market cap of C$6.76 billion, a P/E ratio of 12.40, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04. The business's 50 day moving average price is C$57.98 and its 200 day moving average price is C$55.15. Definity Financial has a 1 year low of C$41.97 and a 1 year high of C$64.14.

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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