Scotiabank Issues Positive Forecast for Sagicor Financial (TSE:SFC) Stock Price

Sagicor Financial (TSE:SFC) had its price target boosted by Scotiabank from C$10.00 to C$12.00 in a research report report published on Monday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, National Bankshares boosted their price objective 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 Stock Performance

Shares of Sagicor Financial stock opened at C$7.96 on Monday. Sagicor Financial has a one year low of C$5.40 and a one year high of C$8.40. The company has a market cap of C$757.66 million, a PE ratio of 1.51 and a beta of 0.20. The business has a 50-day simple moving average of C$7.27 and a 200-day simple moving average of 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.