Sun Life Financial Receives Average Recommendation of “Hold” from Analysts (NYSE:SLF)
Shares of Sun Life Financial (NYSE:SLF) have been given a consensus rating of “Hold” by the nine analysts that are currently covering the stock, AR Network reports. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $36.50.
A number of research firms have recently commented on SLF. Analysts at Goldman Sachs initiated coverage on shares of Sun Life Financial in a research note on Thursday, June 26th. They set a “buy” rating on the stock. Separately, 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 on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Sun Life Financial in a research note on Tuesday, May 13th. They now have a $36.00 price target on the stock.
Sun Life Financial (NYSE:SLF) opened at 38.23 on Tuesday. Sun Life Financial has a one year low of $30.01 and a one year high of $38.40. The stock’s 50-day moving average is $36.24 and its 200-day moving average is $34.72. The company has a market cap of $23.343 billion and a P/E ratio of 29.85.
Sun Life Financial (NYSE:SLF) last released its earnings data on Tuesday, May 6th. The company reported $0.74 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.66 by $0.08. The company had revenue of $6.46 billion for the quarter. The company’s revenue for the quarter was up 70.4% on a year-over-year basis. Analysts expect that Sun Life Financial will post $2.90 EPS for the current fiscal year.
Sun Life Financial Inc (NYSE: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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