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

Sagicor Financial (TSE:SFC) had its price target trimmed 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 brokerage currently has an outperform rating on the stock.

SFC has been the topic of several other research reports. National Bankshares upped 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 upped 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

Sagicor Financial stock opened at C$7.96 on Monday. The firm has a market capitalization of C$757.66 million, a price-to-earnings ratio of 1.51 and a beta of 0.20. Sagicor Financial has a fifty-two week low of C$5.40 and a fifty-two week high of C$8.40. The stock’s fifty day moving average is C$7.27 and its two-hundred day moving average is C$6.52.

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.