Sagicor Financial (TSE:SFC) Trading Up 1.4% – Still a Buy?

Sagicor Financial Company Ltd. (TSE:SFC)’s share price was up 1.4% on Tuesday . The company traded as high as C$8.30 and last traded at C$8.24. Approximately 13,301 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 38,258 shares. The stock had previously closed at C$8.13.

Analyst Ratings Changes

Separately, Scotiabank raised their price target on Sagicor Financial from C$10.00 to C$11.00 and gave the company an “outperform” rating in a research note on Friday, August 15th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$10.50.

Sagicor Financial Trading Up 1.4%

The stock has a fifty day simple moving average of C$8.00 and a two-hundred day simple moving average of C$7.97. The company has a market cap of C$1.12 billion, a PE ratio of 10.56 and a beta of 0.00.

About Sagicor Financial

Sagicor Financial Company Ltd. is a leading financial services provider with over 180 years of history in the Caribbean, over 90 years of history in Canada, and a growing presence in the United States with over 70 years of history. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, investment management, and real estate.