Sun Life Financial Now Covered by RBC Capital (SLF)
Equities researchers at RBC Capital initiated coverage on shares of Sun Life Financial (TSE:SLF) in a research report issued on Friday, StockRatingsNetwork.com reports. The firm set a “sector perform” rating and a C$36.00 price target on the stock. RBC Capital’s price objective suggests a potential downside of 2.73% from the company’s current price.
Sun Life Financial (TSE:SLF) opened at 37.01 on Friday. Sun Life Financial has a 52-week low of $26.08 and a 52-week high of $38.23. The stock has a 50-day moving average of $36.93 and a 200-day moving average of $34.11. The company has a market cap of $22.472 billion and a P/E ratio of 28.64.
SLF has been the subject of a number of other recent research reports. Analysts at CIBC reiterated a “sector perform” rating on shares of Sun Life Financial in a research note to investors on Wednesday, November 20th. They now have a C$39.00 price target on the stock. Separately, analysts at Barclays raised their price target on shares of Sun Life Financial from C$35.00 to C$37.00 in a research note to investors on Friday, November 8th. They now have an “equal weight” rating on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. Sun Life Financial presently has a consensus rating of “Hold” and a consensus price target of C$36.11.
Sun Life Financial Inc (TSE:SLF) is the holding company of Sun Life Assurance Company of Canada (Sun Life Assurance).
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