Sanlam Limited (OTCMKTS:SLLDY – Get Free Report) dropped 1.4% on Thursday . The company traded as low as C$9.05 and last traded at C$9.10. Approximately 10,071 shares changed hands during trading, a decline of 58% from the average daily volume of 24,257 shares. The stock had previously closed at C$9.23.
Analysts Set New Price Targets
Separately, Barclays raised Sanlam to a “hold” rating in a report on Thursday, October 3rd.
Check Out Our Latest Research Report on Sanlam
Sanlam Stock Up 1.3 %
Sanlam Company Profile
Sanlam Limited provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, and internationally. The company operates through Sanlam Life and Savings, Sanlam Emerging Markets, Sanlam Investment Group, and Santam segments. It offers life, disability, severe illness, income protection, cancer, funeral, credit life, medical aid, gap cover, vehicle, house contents, buildings, all risk, buy and sell, business debt, key person, and group risk benefits insurance, as well as commercial insurance products consisting of office contents, theft, glass, personal accident, goods in transit, machinery breakdown, fire, business interruption, money, deterioration of stock, accidental damage, public liability, and electronic equipment.
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