Definity Financial (TSE:DFY) Given New C$62.00 Price Target at Raymond James

Definity Financial (TSE:DFY) had its price objective hoisted by Raymond James from C$55.00 to C$62.00 in a report released on Tuesday morning,BayStreet.CA reports.

DFY has been the topic of several other reports. Scotiabank boosted their price target on shares of Definity Financial from C$60.00 to C$61.00 in a research report on Tuesday. Cormark cut shares of Definity Financial from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, October 30th. UBS Group boosted their price target on shares of Definity Financial from C$58.00 to C$63.00 in a research report on Tuesday. BMO Capital Markets boosted their price target on shares of Definity Financial from C$53.00 to C$57.00 in a research report on Monday, November 11th. Finally, TD Securities boosted their price objective on Definity Financial from C$60.00 to C$71.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Nine analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Definity Financial has an average rating of “Hold” and a consensus target price of C$59.27.

Definity Financial Stock Down 2.2 %

DFY stock opened at C$60.28 on Tuesday. The company has a market capitalization of C$6.95 billion, a P/E ratio of 12.76, a PEG ratio of 2.63 and a beta of 0.04. The company has a 50-day simple moving average of C$57.93 and a 200 day simple moving average of C$54.96. Definity Financial has a fifty-two week low of C$41.61 and a fifty-two week 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.