Sagicor Financial (TSE:SFC) Stock Price Up 3.8% – Here’s What Happened

Sagicor Financial Company Ltd. (TSE:SFC) was up 3.8% on Tuesday . The company traded as high as C$9.57 and last traded at C$9.54. Approximately 33,636 shares traded hands during trading, an increase of 3% from the average daily volume of 32,792 shares. The stock had previously closed at C$9.19.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada set a C$10.00 target price on Sagicor Financial and gave the company an “outperform” rating in a research note on Monday, January 19th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$10.75.

Sagicor Financial Trading Up 3.8%

The stock has a 50-day moving average price of C$9.42 and a two-hundred day moving average price of C$8.65. The stock has a market cap of C$1.29 billion, a price-to-earnings ratio of 10.05 and a beta of 0.06.

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. Sagicor operates through the following four segments: Sagicor Canada, Sagicor Life USA, Sagicor Jamaica, and Sagicor Life.