Sagicor Financial (TSE:SFC - Get Free Report) has been given a C$9.00 price objective by equities research analysts at Royal Bank of Canada in a report released on Tuesday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Royal Bank of Canada's price target indicates a potential upside of 12.08% from the stock's current price.
Several other research firms also recently commented on SFC. Acumen Capital upped their price target on shares of Sagicor Financial from C$10.25 to C$11.00 and gave the company a "buy" rating in a research report on Monday, March 17th. National Bankshares upped their target price on shares of Sagicor Financial from C$9.50 to C$11.00 and gave the company an "outperform" rating in a report on Monday, March 17th. Finally, Scotiabank increased their target price on shares of Sagicor Financial from C$10.00 to C$12.00 and gave the stock an "outperform" rating in a research note on Monday, March 17th.
Check Out Our Latest Research Report on Sagicor Financial
Sagicor Financial Stock Performance
TSE SFC remained flat at C$8.03 on Tuesday. The company's stock had a trading volume of 37,290 shares, compared to its average volume of 53,409. The firm has a market capitalization of C$764.32 million, a PE ratio of 1.52 and a beta of 0.20. Sagicor Financial has a one year low of C$5.40 and a one year high of C$8.40. The company's 50-day moving average is C$7.80 and its 200-day moving average is C$6.88.
Insider Buying and Selling at Sagicor Financial
In other Sagicor Financial news, Director Dodridge Denton Miller sold 50,000 shares of Sagicor Financial stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of C$7.86, for a total value of C$392,940.00. 34.21% of the stock is currently owned by corporate insiders.
Sagicor Financial Company Profile
(
Get Free Report)
Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance.
Further Reading
Before you consider Sagicor Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sagicor Financial wasn't on the list.
While Sagicor Financial currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
