Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) has been given a consensus recommendation of “Buy” by the twelve research firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have covered the stock in the last year is C$59.33.

Several research firms recently issued reports on SLF. Canaccord Genuity upped their price target on shares of Sun Life Financial from C$58.00 to C$60.00 in a report on Friday, August 10th. BMO Capital Markets cut their price target on shares of Sun Life Financial from C$62.00 to C$60.00 in a report on Friday, August 10th. Cormark set a C$60.00 price target on shares of Sun Life Financial in a report on Friday, August 10th. TD Securities cut their price target on shares of Sun Life Financial from C$63.00 to C$62.00 in a report on Thursday, August 9th. Finally, Desjardins increased their target price on shares of Sun Life Financial from C$58.00 to C$60.00 in a report on Friday, June 29th.

SLF opened at C$52.72 on Friday. Sun Life Financial has a 12-month low of C$46.19 and a 12-month high of C$56.09.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Wednesday, August 29th will be issued a dividend of $0.475 per share. The ex-dividend date of this dividend is Tuesday, August 28th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.60%.

Sun Life Financial Company Profile

Sun Life Financial Inc, a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients, high-net-worth individuals, and families. It operates through Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate segments.

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Analyst Recommendations for Sun Life Financial (TSE:SLF)

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