CIBC sets CAD 86 target for Definity Financial stock
Published on 10/20/2026 at 19:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- On October 16, 2026, CIBC set a CAD 86.00 target for Definity Financial stock.
- Definity Financial is scheduled to report third-quarter 2026 results on November 5, 2026.
- Definity Financial stock costs EUR 44.90 at Lang & Schwarz on October 20, 2026 at 8:04 p.m. CEST.
- MarketBeat listed a CAD 18.29 price-to-earnings ratio and CAD 8.46 billion market capitalization on October 15, 2026.
Definity Financial (ISIN CA24477T1003) received a CAD 86.00 price target from CIBC on October 16, 2026, when the bank maintained its Hold rating, as Business Insider reported. The target is 20.99 percent above the CAD 71.08 Toronto Stock Exchange price at 1:03 p.m. ET on October 20, 2026. Definity Financial stock was trading at EUR 44.90 at Lang & Schwarz on October 20, 2026 at 8:04 p.m. CEST.
CAD 86 target after October 16
CIBC's CAD 86.00 target gives investors a fresh valuation marker after the analyst kept a Hold view. The target sits below the CAD 87.00 objective that RBC Dominion Securities had set on October 15, 2026, while the current Canadian quotation remains below both levels. The RBC update was reported by MarketBeat.
Q3 results arrive November 5
Definity Financial is scheduled to release its third-quarter 2026 results on November 5, 2026. The date was stated in the company's second-quarter earnings call transcript carried by Yahoo Finance. In the second quarter of 2026, revenue reached CAD 2.05 billion and net income was CAD 152.40 million, according to the standardized financial statement for the period ended June 30, 2026.
Price frame spans CAD 61.87 to 82.59
Definity Financial's 52-week range was CAD 61.87 to CAD 82.59 on October 15, 2026, according to MarketBeat. The same report listed a CAD 18.29 price-to-earnings ratio and CAD 8.46 billion market capitalization. The range puts the Canadian share price below its annual high, while the euro quotation remains the relevant price for German investors.
Comparison with peers
Definity Financial: CAD 18.29 price-to-earnings ratio, CAD 8.46 billion market capitalization.
Royal Bank of Canada (Toronto Stock Exchange, CAD): 0.95 percent higher on October 20, 2026, price-to-earnings ratio 17.64, market capitalization CAD 388.5 billion.
Intact Financial Corporation (Toronto Stock Exchange, CAD): 1.31 percent higher on October 20, 2026, price-to-earnings ratio 14.36, market capitalization CAD 45.5 billion.
Valuation ahead of the results
The upcoming November report will test whether second-quarter operating momentum carried into the next period. In the second quarter of 2026, operating earnings per share reached CAD 0.97, up 15.50 percent from the prior year, while the combined ratio was 93.90 percent.
Euro quotation after the Xetra session
The euro quotation stood at EUR 44.90 at Lang & Schwarz on October 20, 2026 at 8:04 p.m. CEST, during after-hours trading. The further course of trading is shown by the continuously updated real-time quote of Definity Financial stock.
Definity Financial market facts
- Company: Definity Financial Corporation
- ISIN: CA24477T1003
- Ticker: DFY.TO
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz (as of October 20, 2026, 8:04 p.m. CEST): EUR 44.90
- Market capitalization: CAD 8.5 billion (as of October 20, 2026)
- 52-week range: CAD 61.87-CAD 82.59 (as of October 15, 2026)
- Sector / Industry: Financial Services / Property and Casualty Insurance
Market context: Market report S&P/TSX Composite.
