Sun Life Financial (TSE:SLF) (NYSE:SLF) had its price objective lifted by analysts at CIBC from C$55.00 to C$58.00 in a research note issued to investors on Monday. CIBC’s price target would suggest a potential upside of 7.61% from the stock’s previous close.

SLF has been the topic of several other research reports. Royal Bank of Canada lifted their price target on shares of Sun Life Financial from C$53.00 to C$56.00 and gave the company an “outperform” rating in a report on Friday, November 10th. CSFB lifted their price target on shares of Sun Life Financial from C$52.00 to C$54.00 in a report on Wednesday, November 1st. National Bank Financial lifted their price target on shares of Sun Life Financial from C$53.00 to C$54.00 and gave the company an “outperform” rating in a report on Thursday, November 9th. TD Securities lifted their price target on shares of Sun Life Financial from C$53.00 to C$54.00 and gave the company a “hold” rating in a report on Thursday, November 9th. Finally, Barclays lifted their price target on shares of Sun Life Financial from C$53.00 to C$55.00 in a report on Thursday. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$55.13.

Sun Life Financial (SLF) traded up C$1.58 on Monday, hitting C$53.90. 477,014 shares of the company were exchanged, compared to its average volume of 788,763. The stock has a market capitalization of $31,980.00, a P/E ratio of 12.45 and a beta of 0.56. Sun Life Financial has a one year low of C$43.51 and a one year high of C$53.25.

In other news, Director Dean Connor sold 50,042 shares of Sun Life Financial stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of C$50.37, for a total transaction of C$2,520,615.54. Also, insider Colm Joseph Freyne sold 17,731 shares of Sun Life Financial stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of C$49.93, for a total transaction of C$885,308.83.

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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.

Analyst Recommendations for Sun Life Financial (TSE:SLF)

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