Definity Financial (TSE:DFY) Price Target Raised to C$63.00

Definity Financial (TSE:DFY) had its price objective hoisted by UBS Group from C$58.00 to C$63.00 in a research report report published on Tuesday morning,BayStreet.CA reports.

DFY has been the topic of several other research reports. BMO Capital Markets lifted their target price on shares of Definity Financial from C$53.00 to C$57.00 in a report on Monday, November 11th. Cormark lowered shares of Definity Financial from a “moderate buy” rating to a “hold” rating in a report on Wednesday, October 30th. TD Securities lifted their target price 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. Raymond James lowered shares of Definity Financial from an “outperform” rating to a “market perform” rating and lifted their target price for the company from C$53.00 to C$55.00 in a report on Tuesday, November 12th. Finally, National Bankshares boosted 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 report on Wednesday, October 30th. Nine research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Definity Financial currently has an average rating of “Hold” and a consensus price target of C$59.27.

Definity Financial Trading Down 1.1 %

TSE:DFY opened at C$59.38 on Tuesday. The firm has a market capitalization of C$6.85 billion, a price-to-earnings ratio of 12.57, a PEG ratio of 2.63 and a beta of 0.04. The firm’s fifty day simple moving average is C$57.97 and its 200 day simple moving average is C$55.12. Definity Financial has a twelve month low of C$41.97 and a twelve month high of C$64.14.

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.