Sanlam (OTCMKTS:SLLDY) Stock Dropped to “Strong Sell” by Zacks Research

Zacks Research downgraded shares of Sanlam (OTCMKTS:SLLDY – Free Report) from a hold rating to a strong sell rating in a report released on Wednesday morning,Zacks reports.

Sanlam Stock Performance

Sanlam stock opened at C$9.39 on Wednesday. The business has a 50 day simple moving average of C$10.48 and a 200 day simple moving average of C$10.64. Sanlam has a one year low of C$9.32 and a one year high of C$13.68.

Sanlam Company Profile

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Sanlam Limited is a South African financial services group headquartered in Cape Town. The company provides insurance, investment, retirement, wealth management and financial planning services to individuals, businesses and institutions. Its offerings include life and general insurance, savings and retirement products, investment management, and advice-based financial solutions.

Sanlam operates through businesses serving retail, corporate and institutional customers. Its activities include asset management, personal financial services, employee benefits and insurance, with products distributed through advisers, intermediaries and other channels.

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