Porto Seguro SA traded at 48.04 this Friday May 15th, decreasing 0.66 or 1.36 percent since the previous trading session. Looking back, over the last four weeks, Porto Seguro lost 10.52 percent. Over the last 12 months, its price fell by 2.26 percent. Looking ahead, we forecast Porto Seguro SA to be priced at 50.09 by the end of this quarter and at 46.13 in one year, according to Trading Economics global macro models projections and analysts expectations.
Porto Seguro SA is a Brazil-based company primarily engaged in the automobile insurance sector. The Company's activities are divided into six business segments: Car insurance, which offers automobile insurance products; Health insurance and plans, which provides health and dental insurance policies and healthcare plans; Life insurance and pension plan, which includes life insurance products and management of pension plans; Other insurance, which provides other non-life insurance policies; Financing, which is involved in the credit transactions, and Other, which mainly includes insurance services provided in Uruguay. In addition, the Company offers a range of services not related to insurance activity, such as electronic protection and surveillance and distribution of automotive parts. The Company is controlled by Porto Seguro Itau-Unibanco Participacoes SA.