Sun Life Financial Inc (SLF) Scheduled to Post Earnings on Wednesday
Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) is set to issue its quarterly earnings data after the market closes on Wednesday, August 9th. Analysts expect the company to announce earnings of $0.97 per share for the quarter.
Shares of Sun Life Financial Inc (TSE SLF) opened at 48.45 on Tuesday. The stock has a market cap of $29.73 billion and a P/E ratio of 11.97. Sun Life Financial Inc has a 1-year low of $40.00 and a 1-year high of $53.75. The firm’s 50-day moving average price is $46.46 and its 200 day moving average price is $47.93.
Several equities analysts have issued reports on SLF shares. CSFB lowered Sun Life Financial from an “outperform” rating to a “neutral” rating in a report on Wednesday, May 10th. TD Securities dropped their price objective on Sun Life Financial from C$53.00 to C$49.00 and set a “hold” rating on the stock in a report on Wednesday, May 10th. National Bank Financial reaffirmed an “outperform” rating and set a C$52.00 price objective on shares of Sun Life Financial in a report on Wednesday, May 10th. Barclays PLC dropped their price objective on Sun Life Financial from C$54.00 to C$52.00 in a report on Thursday, May 11th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a C$51.00 price objective on shares of Sun Life Financial in a report on Thursday, May 11th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of C$52.75.
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About Sun Life Financial
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.
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