RBC Capital analyst Darko Mihelic maintained a Buy rating on Sagicor Financial yesterday and set a price target of C$9.50. The company's shares closed last Thursday at $5.90.
Mihelic covers the Financial sector, focusing on stocks such as Manulife Financial, Sun Life Financial, and Great-West Lifeco. According to TipRanks, Mihelic has an average return of 6.7% and a 59.42% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sagicor Financial with a $7.33 average price target.
The company has a one-year high of $6.72 and a one-year low of $3.13. Currently, Sagicor Financial has an average volume of 3,758.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SGCFF in relation to earlier this year.