Sun Life Financial Inc (TSE:SLF) Price Target Increased to C$53.00 by Analysts at National Bank Financial
Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) had its target price upped by stock analysts at National Bank Financial from C$52.00 to C$53.00 in a research report issued on Thursday. The brokerage currently has an “outperform” rating on the financial services provider’s stock. National Bank Financial’s target price points to a potential upside of 9.28% from the stock’s current price.
Several other brokerages have also recently weighed in on SLF. CSFB cut Sun Life Financial from an “outperform” rating to a “neutral” rating in a research report on Wednesday, May 10th. TD Securities decreased 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 report on Wednesday, May 10th. Scotiabank decreased their price target on Sun Life Financial from C$54.00 to C$52.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 11th. BMO Capital Markets restated a “market perform” rating and issued a C$51.00 price objective on shares of Sun Life Financial in a research report on Thursday, May 11th. Finally, Barclays PLC decreased their price objective on shares of Sun Life Financial from C$54.00 to C$52.00 in a research report on Thursday, May 11th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of C$52.83.
Sun Life Financial (TSE:SLF) traded down 1.57% during midday trading on Thursday, hitting $47.74. 937,747 shares of the stock were exchanged. Sun Life Financial has a 1-year low of $40.00 and a 1-year high of $53.75. The company has a market capitalization of $29.30 billion and a P/E ratio of 11.80. The company’s 50 day moving average is $46.94 and its 200 day moving average is $47.78.
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.
Receive News & Ratings for Sun Life Financial Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Life Financial Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.