TD Securities Boosts Definity Financial (TSE:DFY) Price Target to C$71.00

Definity Financial (TSE:DFY) had its price objective upped by TD Securities from C$60.00 to C$71.00 in a research report sent to investors on Friday,BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

DFY has been the topic of several other reports. BMO Capital Markets lifted their price target on shares of Definity Financial from C$53.00 to C$57.00 in a research note on Monday, November 11th. Scotiabank downgraded shares of Definity Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Cormark cut Definity Financial from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, October 30th. National Bankshares boosted their target price on Definity Financial from C$62.00 to C$65.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Finally, Raymond James lowered Definity Financial from an “outperform” rating to a “market perform” rating and raised their price target for the stock from C$53.00 to C$55.00 in a research report on Tuesday, November 12th. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Definity Financial currently has a consensus rating of “Hold” and a consensus target price of C$55.90.

Definity Financial Trading Down 2.1 %

DFY opened at C$61.66 on Friday. The stock has a market capitalization of C$7.11 billion, a P/E ratio of 13.05, a PEG ratio of 2.63 and a beta of 0.04. The stock has a 50-day moving average price of C$57.89 and a 200-day moving average price of C$54.72. Definity Financial has a 12-month low of C$39.34 and a 12-month high of C$64.14.

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.