Acumen Capital Increases Sagicor Financial (TSE:SFC) Price Target to C$11.00

Sagicor Financial (TSE:SFC) had its price objective increased by Acumen Capital from C$10.25 to C$11.00 in a research note released on Monday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Other equities research analysts have also issued research reports about the company. Royal Bank of Canada reduced their target price on Sagicor Financial from C$9.00 to C$8.50 and set an “outperform” rating on the stock in a research note on Monday. Scotiabank boosted their price target on Sagicor Financial from C$10.00 to C$12.00 and gave the company an “outperform” rating in a report on Monday. Finally, National Bankshares boosted their price target on Sagicor Financial from C$9.50 to C$11.00 and gave the company an “outperform” rating in a report on Monday.

Sagicor Financial Price Performance

Shares of TSE:SFC opened at C$7.76 on Monday. Sagicor Financial has a 12 month low of C$5.40 and a 12 month high of C$8.40. The business’s 50 day simple moving average is C$7.32 and its 200-day simple moving average is C$6.54. The firm has a market capitalization of C$738.62 million, a price-to-earnings 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.