Sagicor Financial (TSE:SFC) Given a C$13.00 Price Target by National Bank Financial Analysts

Sagicor Financial (TSE:SFC) has been given a C$13.00 price target by National Bank Financial in a report released on Monday, BayStreet reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 55.88% from the company’s current price.

Sagicor Financial Price Performance

Shares of SFC stock remained flat at C$8.34 on Monday. 41,157 shares of the company were exchanged, compared to its average volume of 68,857. The stock has a market cap of C$1.13 billion, a P/E ratio of 9.83 and a beta of 0.27. The company’s fifty day moving average price is C$8.61 and its 200 day moving average price is C$8.73. Sagicor Financial has a 12-month low of C$7.80 and a 12-month high of C$10.53.

Insider Activity

In other Sagicor Financial news, Director Gilbert Samuel Palter acquired 5,400 shares of the stock in a transaction dated Tuesday, September 22nd. The stock was acquired at an average cost of C$8.35 per share, with a total value of C$45,090.00. Following the transaction, the director owned 566,900 shares in the company, valued at C$4,733,615. The trade was a 0.96% increase in their position. Over the last ninety days, insiders bought 8,300 shares of company stock worth $69,455. Corporate insiders own 34.21% of the company’s stock.

About Sagicor Financial

Sagicor Financial Company Ltd. (TSX: SFC) is a leading financial services provider with over 185 years of history in the Caribbean, over 90 years of history in Canada, and over 70 years of history in the United States. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, investment management, and real estate. Sagicor’s registered office is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, with its principal office located at Cecil F De Caires Building, Wildey, St.