18-05-2025
Acumen Capital Sticks to Their Buy Rating for Sagicor Financial (SGCFF)
Acumen Capital analyst Trevor Reynolds reiterated a Buy rating on Sagicor Financial (SGCFF – Research Report) on May 14 and set a price target of C$11.00. The company's shares closed last Tuesday at $5.60.
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According to TipRanks, Reynolds is a 2-star analyst with an average return of 3.1% and a 44.44% success rate.
Currently, the analyst consensus on Sagicor Financial is a Strong Buy with an average price target of $7.69, implying a 37.32% upside from current levels. In a report released on May 14, RBC Capital also maintained a Buy rating on the stock with a C$9.00 price target.
SGCFF market cap is currently $785.7M and has a P/E ratio of 9.82.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SGCFF in relation to earlier this year.