Sagicor Financial (TSE:SFC) Given New C$12.00 Price Target at Scotiabank

Sagicor Financial (TSE:SFC) had its price objective hoisted by Scotiabank from C$10.00 to C$12.00 in a research report sent to investors on Monday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, National Bankshares increased their price objective on shares of Sagicor Financial from C$9.50 to C$11.00 and gave the stock an “outperform” rating in a report on Monday.

Sagicor Financial Stock Performance

SFC opened at C$7.76 on Monday. The firm’s 50-day simple moving average is C$7.32 and its 200-day simple moving average is C$6.54. Sagicor Financial has a twelve month low of C$5.40 and a twelve month high of C$8.40. The firm has a market cap of C$738.62 million, a price-to-earnings ratio of 1.47 and a beta of 0.20.

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.