National Bankshares Forecasts Strong Price Appreciation for Sagicor Financial (TSE:SFC) Stock

Sagicor Financial (TSE:SFC) had its target price upped by National Bankshares from C$9.50 to C$11.00 in a report issued on Monday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Sagicor Financial Stock Performance

Sagicor Financial stock opened at C$7.96 on Monday. Sagicor Financial has a 1 year low of C$5.40 and a 1 year high of C$8.40. The company’s fifty day moving average price is C$7.27 and its 200 day moving average price is C$6.52. The stock has a market capitalization of C$757.66 million, a P/E ratio of 1.51 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.