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

National Bank Financial set a C$13.00 target price on Sagicor Financial (TSE:SFC) in a report issued on Monday morning,BayStreet reports. The firm currently has an outperform rating on the stock.

Sagicor Financial Stock Performance

SFC stock opened at C$8.20 on Monday. The company has a fifty day moving average price of C$8.57 and a 200-day moving average price of C$8.71. The company has a market capitalization of C$1.11 billion, a P/E ratio of 9.67 and a beta of 0.27. Sagicor Financial has a 52-week low of C$7.80 and a 52-week high of C$10.53.

Insiders Place Their Bets

In related news, Director Gilbert Samuel Palter acquired 5,400 shares of the firm’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was acquired at an average cost of C$8.35 per share, for a total transaction of C$45,090.00. Following the completion of the acquisition, the director directly owned 566,900 shares of the company’s stock, valued at approximately C$4,733,615. This trade represents a 0.96% increase in their position. Insiders acquired 8,300 shares of company stock valued at $69,455 in the last three months. 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.