RBC Capital analyst Darko Mihelic maintained a Buy rating on Sagicor Financial (SGCFF – Research Report) on May 18 and set a price target of C$8.00. The company’s shares closed last Wednesday at $5.06.
According to TipRanks.com, Mihelic is a 4-star analyst with an average return of 6.6% and a 60.4% success rate. Mihelic covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Canadian Western Bank.
Currently, the analyst consensus on Sagicor Financial is a Moderate Buy with an average price target of $6.61.
Sagicor Financial’s market cap is currently $716.7M and has a P/E ratio of 5.51.
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Sagicor Financial Company Ltd. is a leading financial services provider in the Caribbean, with over 180 years of history, and has a growing presence as a provider of life insurance products in the United States. Sagicor offers a wide range of products and services, including life, health, and general insurance, annuities, pension administration, banking, and investment management. Sagicor operates through the following three segments: Sagicor Jamaica, Sagicor Life USA, and Sagicor Life. Geographically, the firm operates in Jamaica, the United States, Barbados, Trinidad & Tobago, and other countries in the Caribbean.
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