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Analysts Offer Insights on Financial Companies: Sagicor Financial (OtherSGCFF), Veritex (VBTX) and Allstate (ALL)

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Sagicor Financial (SGCFFResearch Report), Veritex (VBTXResearch Report) and Allstate (ALLResearch Report) with bullish sentiments.

Sagicor Financial (SGCFF)

In a report released today, Meny Grauman from Scotiabank maintained a Buy rating on Sagicor Financial, with a price target of C$10.00. The company’s shares closed last Wednesday at $4.54.

According to TipRanks.com, Grauman is a 4-star analyst with an average return of 6.4% and a 59.8% success rate. Grauman covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Canadian Western Bank.

Sagicor Financial has an analyst consensus of Strong Buy, with a price target consensus of $6.53.

See the top stocks recommended by analysts >>

Veritex (VBTX)

In a report released today, Stephen Scouten from Piper Sandler maintained a Buy rating on Veritex, with a price target of $25.00. The company’s shares closed last Thursday at $20.49.

According to TipRanks.com, Scouten is a 4-star analyst with an average return of 6.7% and a 57.5% success rate. Scouten covers the Financial sector, focusing on stocks such as USCB Financial Holdings, Inc. Class A, Pinnacle Financial Partners, and Seacoast Banking Of Florida.

Currently, the analyst consensus on Veritex is a Strong Buy with an average price target of $25.75.

Allstate (ALL)

Piper Sandler analyst Paul Newsome maintained a Buy rating on Allstate today and set a price target of $188.00. The company’s shares closed last Thursday at $173.01, close to its 52-week high of $173.47.

According to TipRanks.com, Newsome is a 5-star analyst with an average return of 12.1% and a 71.4% success rate. Newsome covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., American International Group, and Universal Insurance Holdings.

Currently, the analyst consensus on Allstate is a Moderate Buy with an average price target of $179.21, which is a 4.2% upside from current levels. In a report issued on March 27, HSBC also upgraded the stock to Buy with a $190.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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