Sun Life Financial Inc. (TSE:SLF)‘s stock had its “buy” rating reissued by research analysts at Dundee Securities in a research report issued on Wednesday, StockTargetPrices.com reports. They currently have a C$48.00 price objective on the stock. Dundee Securities’ price objective would indicate a potential upside of 13.85% from the company’s previous close.

SLF has been the topic of a number of other reports. CIBC upped their price target on Sun Life Financial from C$46.00 to C$47.00 in a research report on Thursday, September 15th. National Bank Financial upped their price target on Sun Life Financial from C$44.00 to C$47.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 24th. Barclays PLC reduced their price target on Sun Life Financial from C$46.00 to C$44.00 in a research report on Tuesday, July 12th. BMO Capital Markets reduced their price target on Sun Life Financial from C$46.00 to C$45.00 in a research report on Friday, August 12th. Finally, Scotiabank reduced their price target on Sun Life Financial from C$48.00 to C$46.00 and set an “outperform” rating on the stock in a research report on Thursday, August 11th. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of C$45.92.

Shares of Sun Life Financial (TSE:SLF) traded up 0.47% during trading on Wednesday, hitting $42.36. The stock had a trading volume of 438,173 shares. The firm has a market cap of $25.96 billion and a P/E ratio of 12.79. Sun Life Financial has a 12-month low of $36.64 and a 12-month high of $46.12. The firm has a 50 day moving average price of $41.55 and a 200 day moving average price of $42.44.

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The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Wednesday, August 31st will be given a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a yield of 3.84%.

Sun Life Financial Company Profile

Sun Life Financial Inc is the holding company of Sun Life Assurance Company of Canada. The Company is a financial services organization providing a range of protection and wealth products and services. It operates in five segments: Sun Life Financial Canada (SLF Canada), Sun Life Financial United States (SLF U.S.), Sun Life Financial Asset Management (SLF Asset Management), Sun Life Financial Asia (SLF Asia) and Corporate.

Stock Target Prices

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