Barclays PLC Raises Sun Life Financial Inc. (SLF) Price Target to C$45.00
Several other brokerages have also recently commented on SLF. Dundee Securities reiterated a buy rating and issued a C$48.00 price target on shares of Sun Life Financial in a research note on Wednesday, September 21st. Scotiabank decreased their target price on shares of Sun Life Financial from C$48.00 to C$46.00 and set an outperform rating on the stock in a research report on Thursday, August 11th. CIBC decreased their target price on shares of Sun Life Financial from C$47.00 to C$46.00 in a research report on Thursday, August 11th. TD Securities restated a buy rating and set a C$47.00 target price on shares of Sun Life Financial in a research report on Thursday, August 11th. Finally, Canaccord Genuity decreased their target price on shares of Sun Life Financial from C$47.00 to C$46.00 and set a buy rating on the stock in a research report on Thursday, August 11th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Sun Life Financial presently has an average rating of Buy and an average price target of C$46.00.
Shares of Sun Life Financial (TSE:SLF) opened at 43.47 on Thursday. Sun Life Financial has a one year low of $36.64 and a one year high of $46.12. The stock has a market capitalization of $26.64 billion and a price-to-earnings ratio of 13.13. The firm has a 50-day moving average of $42.08 and a 200 day moving average of $42.62.
The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Wednesday, August 31st were paid a $0.405 dividend. This represents a $1.62 dividend on an annualized basis and a yield of 3.73%.
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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