Jefferies Financial Group Has Lowered Expectations for Definity Financial (TSE:DFY) Stock Price

Posted by James Quigley on Apr 21st, 2025

Definity Financial (TSE:DFY – Get Free Report) had its target price dropped by investment analysts at Jefferies Financial Group from C$62.00 to C$58.00 in a report issued on Monday,BayStreet.CA reports. Jefferies Financial Group’s target price would suggest a potential downside of 8.14% from the company’s current price.

DFY has been the subject of several other reports. UBS Group boosted their price objective on Definity Financial from C$58.00 to C$63.00 in a report on Tuesday, February 18th. TD Securities boosted their price target on shares of Definity Financial from C$60.00 to C$71.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Scotiabank increased their price objective on shares of Definity Financial from C$60.00 to C$61.00 in a report on Tuesday, February 18th. Raymond James lifted their target price on shares of Definity Financial from C$55.00 to C$62.00 in a report on Tuesday, February 18th. Finally, CIBC increased their price target on Definity Financial from C$59.00 to C$66.00 in a research note on Tuesday, February 18th. 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, Definity Financial presently has an average rating of “Hold” and an average price target of C$60.64.

Read Our Latest Analysis on DFY

Definity Financial Stock Down 2.1 %

TSE:DFY traded down C$1.33 during trading hours on Monday, hitting C$63.14. 27,576 shares of the stock were exchanged, compared to its average volume of 185,042. The company’s 50 day moving average is C$61.51 and its two-hundred day moving average is C$58.39. The company has a market capitalization of C$7.28 billion, a P/E ratio of 13.37, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04. Definity Financial has a twelve month low of C$41.97 and a twelve month high of C$65.75.

About Definity Financial

(Get Free Report)

Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers.