Royal Bank Of Canada Issues Positive Forecast for Sun Life Financial (TSE:SLF) Stock Price

Sun Life Financial (TSE:SLF) (NYSE:SLF) had its price target raised by Royal Bank Of Canada from C$83.00 to C$95.00 in a report released on Friday,BayStreet.CA reports. Royal Bank Of Canada currently has a sector perform rating on the financial services provider’s stock.

Several other research firms also recently weighed in on SLF. Desjardins set a C$94.00 price target on shares of Sun Life Financial and gave the stock a “buy” rating in a research note on Thursday, December 18th. Scotiabank lifted their price objective on Sun Life Financial from C$93.00 to C$96.00 and gave the stock a “sector perform” rating in a report on Friday. UBS Group upgraded Sun Life Financial to a “hold” rating in a report on Thursday, October 16th. Jefferies Financial Group raised their price target on Sun Life Financial from C$97.00 to C$103.00 in a research report on Friday. Finally, Canadian Imperial Bank of Commerce lifted their price target on Sun Life Financial from C$93.00 to C$95.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of C$96.44.

Sun Life Financial Stock Up 0.3%

Shares of SLF opened at C$93.94 on Friday. Sun Life Financial has a 1 year low of C$74.56 and a 1 year high of C$94.76. The company has a debt-to-equity ratio of 26.00, a current ratio of 92.19 and a quick ratio of 84,866.00. The stock has a 50 day simple moving average of C$86.29 and a two-hundred day simple moving average of C$84.09. The firm has a market cap of C$52.03 billion, a P/E ratio of 17.79, a P/E/G ratio of 1.33 and a beta of 0.73.

Sun Life Financial (TSE:SLF) (NYSE:SLF) last announced its quarterly earnings data on Wednesday, February 11th. The financial services provider reported C$1.96 earnings per share for the quarter. Sun Life Financial had a net margin of 7.58% and a return on equity of 15.69%. On average, analysts forecast that Sun Life Financial will post 6.9230769 earnings per share for the current fiscal year.

Sun Life Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Wednesday, November 26th. This is a positive change from Sun Life Financial’s previous quarterly dividend of $0.88. Sun Life Financial’s dividend payout ratio is currently 65.15%.

Key Sun Life Financial News

Here are the key news stories impacting Sun Life Financial this week:

• Positive Sentiment: Q4 earnings beat and strong results — Sun Life reported C$1.96 EPS, a sizable year-over-year profit increase (~$722M) and strong Asia unit performance, which supports the upbeat investor reaction. Article Title Article Title
• Positive Sentiment: Jefferies raised its target from C$97 to C$103 (≈10.1% upside), signaling stronger analyst conviction on SLF’s outlook. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to C$100 and moved to “outperform,” another bullish vote that likely supported buying interest. Article Title
• Positive Sentiment: Desjardins increased its target to C$101 and set a “buy” rating — adds momentum to the bullish analyst narrative. Article Title Article Title
• Positive Sentiment: Scotiabank and RBC both raised targets (Scotia to C$96, RBC to C$95), keeping coverage upbeat across major Canadian dealers. Article Title
• Positive Sentiment: Dividend activity — Sun Life declared common and preferred-share dividends (preferred payable Q1 2026), which appeals to income-focused investors. Article Title Article Title
• Neutral Sentiment: Earnings call transcript and highlights are available for deeper read-through; watch management commentary for margin drivers and Asia growth details. Article Title Article Title
• Negative Sentiment: TD Securities trimmed its target from C$104 to C$102 (still a “buy”), a modest negative signal that some firms are tempering near-term upside. Article Title

About Sun Life Financial

Sun Life Financial is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm. Sun Life generates about a third of its profit from asset-management operations.