Sagicor Financial (TSE:SFC) Hits New 1-Year High – What’s Next?

Shares of Sagicor Financial Company Ltd. (TSE:SFC) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$9.75 and last traded at C$9.66, with a volume of 29530 shares trading hands. The stock had previously closed at C$9.35.

Analyst Ratings Changes

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

Sagicor Financial Price Performance

The firm’s fifty day moving average is C$9.44 and its 200 day moving average is C$8.75. The firm has a market capitalization of C$1.33 billion, a price-to-earnings ratio of 10.33 and a beta of -0.08.

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