Sagicor Financial (TSE:SFC) PT Set at C$10.00 by Royal Bank Of Canada

Sagicor Financial (TSE:SFC) received a C$10.00 price target from analysts at Royal Bank Of Canada in a note issued to investors on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 9.89% from the company’s previous close.

Separately, National Bankshares set a C$11.00 price target on Sagicor Financial and gave the company an “outperform” rating in a research note on Monday, October 20th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$10.75.

Sagicor Financial Stock Down 0.5%

Sagicor Financial stock opened at C$9.10 on Monday. The firm has a 50-day moving average price of C$8.86 and a two-hundred day moving average price of C$8.37. Sagicor Financial has a 52-week low of C$6.50 and a 52-week high of C$9.65. The firm has a market capitalization of C$1.23 billion, a price-to-earnings ratio of 9.59 and a beta of -0.13.

Sagicor Financial (TSE:SFC) last issued its quarterly earnings data on Thursday, November 13th. The company reported C$0.26 earnings per share (EPS) for the quarter. Sagicor Financial had a return on equity of 56.05% and a net margin of 22.28%.The business had revenue of C$506.28 million during the quarter. Research analysts expect that Sagicor Financial will post 0.9578783 earnings per share for the current year.

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.