Shares of Sun Life Financial Inc. (TSE:SLF) have earned an average rating of “Buy” from the eleven analysts that are currently covering the stock. Seven research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have covered the stock in the last year is C$45.73.

Several research firms recently commented on SLF. TD Securities reaffirmed a “buy” rating and issued a C$47.00 price target on shares of Sun Life Financial in a report on Thursday, August 11th. Canaccord Genuity lowered their price objective on Sun Life Financial from C$47.00 to C$46.00 and set a “buy” rating for the company in a research report on Thursday, August 11th. Scotiabank lowered their price objective on Sun Life Financial from C$48.00 to C$46.00 and set an “outperform” rating for the company in a research report on Thursday, August 11th. BMO Capital Markets lowered their price objective on Sun Life Financial from C$46.00 to C$45.00 in a research report on Friday, August 12th. Finally, Barclays PLC lowered their price objective on Sun Life Financial from C$46.00 to C$44.00 in a research report on Tuesday, July 12th.

Sun Life Financial (TSE:SLF) opened at 41.91 on Thursday. Sun Life Financial has a 52-week low of $36.64 and a 52-week high of $46.12. The company has a market capitalization of $25.68 billion and a price-to-earnings ratio of 12.66. The stock has a 50 day moving average price of $41.53 and a 200 day moving average price of $42.43.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders 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 dividend yield of 3.87%.

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.

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