18-05-2025
Analysts Are Bullish on These Financial Stocks: Sagicor Financial (SGCFF), Iris Energy (IREN)
There's a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Sagicor Financial (SGCFF – Research Report) and Iris Energy (IREN – Research Report) with bullish sentiments.
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Sagicor Financial (SGCFF)
In a report issued on May 14, Gabriel Dechaine from National Bank reiterated a Buy rating on Sagicor Financial, with a price target of C$11.00. The company's shares closed last Tuesday at $5.60, close to its 52-week high of $5.67.
According to Dechaine is a 5-star analyst with an average return of 9.9% and a 67.9% success rate. Dechaine covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Toronto Dominion Bank, and Royal Bank Of Canada.
Currently, the analyst consensus on Sagicor Financial is a Strong Buy with an average price target of $7.69, a 37.3% upside from current levels. In a report issued on May 14, RBC Capital also maintained a Buy rating on the stock with a C$9.00 price target.
Iris Energy (IREN)
BTIG analyst Gregory Lewis maintained a Buy rating on Iris Energy on May 15 and set a price target of $22.00. The company's shares closed last Friday at $8.41.
According to Lewis is a 2-star analyst with an average return of 0.5% and a 44.3% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Chart Industries, SFL Corporation, and NuScale Power.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Iris Energy with a $18.22 average price target, implying a 131.5% upside from current levels. In a report issued on May 5, Compass Point also maintained a Buy rating on the stock with a $15.00 price target.
