Sun Life Financial Inc (SLF) Given Consensus Recommendation of “Buy” by Analysts
Shares of Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) have been given an average rating of “Hold” by the twelve brokerages that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$53.00.
SLF has been the topic of a number of research reports. CSFB downgraded Sun Life Financial from an “outperform” rating to a “neutral” rating in a research note on Wednesday, May 10th. TD Securities dropped their price target on Sun Life Financial from C$53.00 to C$49.00 and set a “hold” rating on the stock in a research note on Wednesday, May 10th. National Bank Financial restated an “outperform” rating and issued a C$52.00 price target on shares of Sun Life Financial in a research note on Wednesday, May 10th. Barclays PLC dropped their price target on Sun Life Financial from C$54.00 to C$52.00 in a research note on Thursday, May 11th. Finally, BMO Capital Markets restated a “market perform” rating and issued a C$51.00 price target on shares of Sun Life Financial in a research note on Thursday, May 11th.
Sun Life Financial (SLF) opened at 48.45 on Tuesday. The stock’s 50 day moving average price is $46.46 and its 200-day moving average price is $47.93. Sun Life Financial has a 12 month low of $40.00 and a 12 month high of $53.75. The stock has a market cap of $29.73 billion and a PE ratio of 11.97.
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 company providing a range of insurance, wealth and asset management solutions to individuals and corporate Clients. It operates through five segments. The Sun Life Financial Canada segment provides retail insurance and investment advice, products and services to people across Canada.
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