Sagicor Financial (TSE:SFC) Price Target Raised to C$12.00

Sagicor Financial (TSE:SFC - Get Free Report) had its price objective upped by Scotiabank from C$10.00 to C$12.00 in a note issued to investors on Monday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. Scotiabank's target price would indicate a potential upside of 57.07% from the stock's current price.

Separately, National Bankshares raised their price objective on Sagicor Financial from C$9.50 to C$11.00 and gave the stock an "outperform" rating in a research note on Monday.

Sagicor Financial Price Performance

Sagicor Financial stock traded down C$0.23 during mid-day trading on Monday, reaching C$7.64. 12,943 shares of the company were exchanged, compared to its average volume of 45,328. The company has a fifty day simple moving average of C$7.35 and a 200-day simple moving average of C$6.55. Sagicor Financial has a 12 month low of C$5.40 and a 12 month high of C$8.40. The firm has a market cap of C$727.20 million, a PE ratio of 1.45 and a beta of 0.20.

Sagicor Financial Company Profile

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.