National Bankshares Raises Sagicor Financial (TSE:SFC) Price Target to C$11.00

Sagicor Financial (TSE:SFC) had its price target lifted by National Bankshares from C$9.50 to C$11.00 in a report released on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 37.84% from the stock’s current price.

Sagicor Financial Stock Performance

SFC stock traded up C$0.16 during midday trading on Monday, hitting C$7.98. 22,176 shares of the stock were exchanged, compared to its average volume of 41,163. Sagicor Financial has a fifty-two week low of C$5.40 and a fifty-two week high of C$8.40. The stock has a market cap of C$759.56 million, a price-to-earnings ratio of 1.51 and a beta of 0.20. The stock’s 50-day moving average price is C$7.23 and its 200-day moving average price is C$6.50.

About Sagicor Financial

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.