Definity Financial Co. (TSE:DFY – Get Free Report) has earned an average rating of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$83.40.
Several equities analysts have issued reports on DFY shares. TD increased their price objective on shares of Definity Financial from C$89.00 to C$93.00 and gave the company a “buy” rating in a report on Friday, July 31st. National Bank Financial boosted their target price on shares of Definity Financial from C$94.00 to C$96.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Raymond James Financial upped their price target on shares of Definity Financial from C$80.00 to C$85.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. Canadian Imperial Bank of Commerce raised their price target on shares of Definity Financial from C$74.00 to C$84.00 in a research note on Tuesday, July 14th. Finally, Jefferies Financial Group lifted their price objective on Definity Financial from C$83.00 to C$91.00 and gave the stock a “buy” rating in a report on Monday, July 27th.
View Our Latest Analysis on Definity Financial
Insider Buying and Selling at Definity Financial
Definity Financial Trading Down 0.4%
Shares of DFY stock opened at C$69.11 on Tuesday. Definity Financial has a 1-year low of C$61.87 and a 1-year high of C$82.59. The company has a market cap of C$8.30 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 2.63 and a beta of -0.01. The company has a debt-to-equity ratio of 37.12, a current ratio of 1.35 and a quick ratio of 0.31. The stock has a 50 day simple moving average of C$74.57 and a 200-day simple moving average of C$71.47.
Definity Financial (TSE:DFY – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported C$0.97 earnings per share (EPS) for the quarter. The firm had revenue of C$2.05 billion for the quarter. Definity Financial had a net margin of 7.22% and a return on equity of 11.45%. On average, equities research analysts expect that Definity Financial will post 3.1263962 EPS for the current fiscal year.
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.
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