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

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

Other research analysts have also issued research reports about the company. National Bankshares lifted their target price on Sagicor Financial from C$9.50 to C$11.00 and gave the company an “outperform” rating in a report on Monday. Scotiabank lifted their target price on Sagicor Financial from C$10.00 to C$12.00 and gave the company an “outperform” rating in a report on Monday.

Sagicor Financial Stock Performance

Shares of SFC opened at C$7.76 on Monday. The business has a 50-day moving average of C$7.32 and a 200 day moving average of C$6.54. Sagicor Financial has a fifty-two week low of C$5.40 and a fifty-two week high of C$8.40. The firm has a market cap of C$738.62 million, a P/E ratio of 1.47 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.