Sanlam (OTCMKTS:SLLDY) Upgraded at Zacks Research

Zacks Research upgraded shares of Sanlam (OTCMKTS:SLLDY) to a hold rating in a report published on Thursday,Zacks.com reports.

Sanlam Price Performance

Sanlam stock opened at C$10.91 on Thursday. Sanlam has a 52 week low of C$7.79 and a 52 week high of C$13.68. The stock has a fifty day moving average of C$11.95 and a 200-day moving average of C$11.48.

Sanlam Company Profile

Sanlam Limited (OTCMKTS:SLLDY) is a South African financial services group offering a broad array of insurance, investment and wealth management solutions. Headquartered in Bellville, Cape Town, the company provides life and health insurance, general insurance products, retirement planning and savings vehicles to individual and corporate clients. Through its network of advisors and digital platforms, Sanlam seeks to deliver tailored financial planning, estate planning, risk cover and wealth preservation services across multiple market segments.

Founded in 1918 as the South African Life Assurance and Investment Society, Sanlam has grown into one of the continent’s largest insurers.