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Sun Life Financial (TSE:SLF) has been given a consensus rating of “Hold” by the ten ratings firms that are covering the stock, American Banking reports. Five research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$39.88.

Several analysts have recently commented on the stock. Analysts at Canaccord Genuity initiated coverage on shares of Sun Life Financial in a research note on Monday, May 26th. They set a “buy” rating and a C$40.00 price target on the stock. Separately, analysts at Barclays raised their price target on shares of Sun Life Financial from C$40.00 to C$41.00 in a research note on Thursday, May 8th. They now have an “equal weight” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Sun Life Financial from C$37.00 to C$38.00 in a research note on Thursday, May 8th. They now have a “sector perform” rating on the stock.

Shares of Sun Life Financial (TSE:SLF) traded up 0.05% during mid-day trading on Tuesday, hitting $38.93. The stock had a trading volume of 90,846 shares. Sun Life Financial has a 52-week low of $29.73 and a 52-week high of $40.15. The stock’s 50-day moving average is $37.76 and its 200-day moving average is $37.60. The company has a market cap of $23.771 billion and a price-to-earnings ratio of 28.40.

Sun Life Financial (TSE:SLF) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.06. On average, analysts predict that Sun Life Financial will post $2.92 earnings per share for the current fiscal year.

The company also recently declared a Quarterly dividend, which is scheduled for Monday, June 30th. Stockholders of record on Monday, June 30th will be given a dividend of $0.36 per share. This represents a yield of 3.8%. The ex-dividend date of this dividend is Monday, May 26th.

Sun Life Financial Inc (TSE:SLF) is an international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers.

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