Sagicor Financial (TSE:SFC) Trading Up 2.1% - Here's What Happened

Sagicor Financial Company Ltd. (TSE:SFC - Get Free Report)'s stock price was up 2.1% during mid-day trading on Tuesday . The company traded as high as C$8.57 and last traded at C$8.37. 39,238 shares traded hands during mid-day trading, a decline of 9% from the average session volume of 42,978 shares. The stock had previously closed at C$8.20.

Analysts Set New Price Targets

A number of equities research analysts recently commented on SFC shares. Acumen Capital increased their price target on Sagicor Financial from C$10.25 to C$11.00 and gave the stock a "buy" rating in a research report on Monday, March 17th. Royal Bank Of Canada set a C$9.00 target price on Sagicor Financial and gave the company an "outperform" rating in a research note on Tuesday, April 15th. Scotiabank lifted their price target on Sagicor Financial from C$10.00 to C$12.00 and gave the company an "outperform" rating in a report on Monday, March 17th. Finally, 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, March 17th.

Sagicor Financial Stock Up 6.1%

The company has a market cap of C$845.23 million, a P/E ratio of 1.68 and a beta of 0.20. The business has a 50-day moving average price of C$8.13 and a two-hundred day moving average price of C$7.57.

Sagicor Financial Company Profile

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.