Definity Financial (TSE:DFY) Given a C$80.00 Price Target at CIBC

CIBC set a C$80.00 price objective on Definity Financial (TSE:DFY) in a report published on Thursday,BayStreet.CA reports. The brokerage currently has a neutral rating on the stock.

DFY has been the topic of a number of other research reports. BMO Capital Markets raised their price target on Definity Financial from C$63.00 to C$64.00 in a research report on Monday, May 12th. Cormark raised shares of Definity Financial from a “hold” rating to a “moderate buy” rating in a report on Wednesday. UBS Group boosted their target price on shares of Definity Financial from C$58.00 to C$63.00 in a research report on Tuesday, February 18th. National Bankshares set a C$90.00 price target on shares of Definity Financial and gave the stock an “outperform” rating in a report on Wednesday. Finally, Jefferies Financial Group reduced their price target on shares of Definity Financial from C$62.00 to C$58.00 in a research report on Monday, April 21st. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of C$69.27.

Definity Financial Price Performance

Shares of TSE DFY opened at C$76.76 on Thursday. The business has a fifty day moving average price of C$67.97 and a two-hundred day moving average price of C$62.23. The stock has a market capitalization of C$8.86 billion, a PE ratio of 16.25, a P/E/G ratio of 2.63 and a beta of 0.04. Definity Financial has a fifty-two week low of C$42.11 and a fifty-two week high of C$79.06.

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.