Definity Financial (TSE:DFY - Free Report) had its price objective boosted by TD Securities from C$60.00 to C$71.00 in a research note released on Friday morning,BayStreet.CA reports. The firm currently has a hold rating on the stock.
A number of other analysts have also weighed in on DFY. Raymond James lowered Definity Financial from an "outperform" rating to a "market perform" rating and increased their price objective for the company from C$53.00 to C$55.00 in a research note on Tuesday, November 12th. Cormark lowered shares of Definity Financial from a "moderate buy" rating to a "hold" rating in a report on Wednesday, October 30th. Scotiabank cut shares of Definity Financial from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 11th. National Bankshares increased their target price on shares of Definity Financial from C$62.00 to C$65.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. Finally, BMO Capital Markets boosted their price target on Definity Financial from C$53.00 to C$57.00 in a report on Monday, November 11th. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of C$59.27.
Read Our Latest Analysis on Definity Financial
Definity Financial Stock Down 2.2 %
Shares of TSE DFY traded down C$1.38 during midday trading on Friday, reaching C$60.28. The company had a trading volume of 151,502 shares, compared to its average volume of 112,221. The stock has a market cap of C$6.95 billion, a PE ratio of 12.76, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04. Definity Financial has a one year low of C$41.61 and a one year high of C$64.14. The firm's fifty day moving average price is C$57.93 and its 200-day moving average price is C$54.96.
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.
Read More
Before you consider Definity Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Definity Financial wasn't on the list.
While Definity Financial currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
