Definity Financial (TSE:DFY) Price Target Raised to C$96.00

Definity Financial (TSE:DFY) had its price target raised by National Bank Financial from C$92.00 to C$96.00 in a research note issued to investors on Monday,BayStreet reports. The firm currently has an outperform rating on the stock.

DFY has been the subject of a number of other research reports. Scotia cut their target price on shares of Definity Financial from C$84.00 to C$83.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 7th. Jefferies Financial Group lifted their target price on shares of Definity Financial from C$83.00 to C$91.00 and gave the company a “buy” rating in a research note on Monday, July 27th. TD lowered their price target on shares of Definity Financial from C$93.00 to C$87.00 and set a “buy” rating on the stock in a report on Wednesday, October 14th. Raymond James Financial lowered their price target on shares of Definity Financial from C$85.00 to C$84.00 and set a “market perform” rating on the stock in a report on Friday, October 16th. Finally, Desjardins dropped their price target on shares of Definity Financial from C$85.00 to C$80.00 and set a “hold” rating on the stock in a research note on Thursday, October 29th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$85.10.

Definity Financial Price Performance

TSE DFY opened at C$75.00 on Monday. The company has a debt-to-equity ratio of 37.95, a current ratio of 2.93 and a quick ratio of 0.31. The firm has a market capitalization of C$8.99 billion, a price-to-earnings ratio of 38.07, a price-to-earnings-growth ratio of 2.63 and a beta of 0.14. The company has a 50 day simple moving average of C$71.51 and a 200-day simple moving average of C$70.83. Definity Financial has a 52-week low of C$61.87 and a 52-week high of C$82.59.

Definity Financial (TSE:DFY) last announced its quarterly earnings data on Thursday, November 5th. The company reported C$0.36 EPS for the quarter. Definity Financial had a net margin of 3.58% and a return on equity of 5.88%. The firm had revenue of C$1.48 billion for the quarter. Equities research analysts predict that Definity Financial will post 3.13 earnings per share for the current fiscal year.

Definity Financial Company Profile

Definity Financial Corporation (‘Definity’, which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada, with approximately $6.4 billion in gross written premiums (pro forma with the Travelers Transaction 1 ) for the 12 months ended June 30, 2026 and $4.2 billion in equity attributable to common shareholders as at June 30, 2026.