Sagicor Financial (TSE:SFC) Price Target Lowered to C$8.50 at Royal Bank of Canada

Sagicor Financial (TSE:SFC) had its target price lowered by Royal Bank of Canada from C$9.00 to C$8.50 in a research note issued to investors on Monday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other research firms also recently weighed in on SFC. Scotiabank increased their target price on Sagicor Financial from C$10.00 to C$12.00 and gave the stock an “outperform” rating in a research report on Monday. National Bankshares increased their target price on Sagicor Financial from C$9.50 to C$11.00 and gave the stock an “outperform” rating in a research report on Monday.

Sagicor Financial Trading Up 1.8 %

TSE SFC opened at C$7.96 on Monday. The business’s 50-day moving average price is C$7.27 and its 200 day moving average price is C$6.52. Sagicor Financial has a twelve month low of C$5.40 and a twelve month high of C$8.40. The company has a market capitalization of C$757.66 million, a PE ratio of 1.51 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.