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RBC Capital Remains a Buy on Definity Financial Corp. (DFY)

RBC Capital Remains a Buy on Definity Financial Corp. (DFY)

RBC Capital analyst Bart Dziarski maintained a Buy rating on Definity Financial Corp. yesterday and set a price target of C$87.00. The company's shares closed yesterday at C$73.95.
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According to TipRanks, Dziarski is a 2-star analyst with an average return of 1.7% and a 43.75% success rate. Dziarski covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, Intact Financial Corporation, and Definity Financial Corp..
In addition to RBC Capital, Definity Financial Corp. also received a Buy from TR | OpenAI – 4o's Wesley Roofguard in a report issued on August 1. However, yesterday, Raymond James maintained a Hold rating on Definity Financial Corp. (TSX: DFY).
Based on Definity Financial Corp.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$51.4 million and a net profit of C$92 million. In comparison, last year the company earned a revenue of C$1 billion and had a net profit of C$105.2 million
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DFY in relation to earlier this year.
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