Sanlam (OTCMKTS:SLLDY – Get Free Report) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Wednesday, Zacks reports.
Sanlam Stock Performance
Sanlam stock opened at C$9.39 on Wednesday. The company has a 50-day moving average price of C$10.48 and a 200 day moving average price of C$10.64. Sanlam has a 12-month low of C$9.32 and a 12-month high of C$13.68.
Sanlam Company Profile
Sanlam Limited is a South African financial services group headquartered in Cape Town. The company provides insurance, investment, retirement, wealth management and financial planning services to individuals, businesses and institutions. Its offerings include life and general insurance, savings and retirement products, investment management, and advice-based financial solutions.
Sanlam operates through businesses serving retail, corporate and institutional customers. Its activities include asset management, personal financial services, employee benefits and insurance, with products distributed through advisers, intermediaries and other channels.
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