Sun Life Financial Inc. (SLF.TO) (TSE:SLF) (NYSE:SLF) had its price objective increased by Evercore from C$63.00 to C$72.00 in a research note released on Wednesday, BayStreet.CA reports.

Several other analysts have also issued reports on SLF. Desjardins reiterated a buy rating and issued a C$65.00 target price on shares of Sun Life Financial Inc. (SLF.TO) in a research note on Thursday, November 19th. National Bank Financial upped their target price on shares of Sun Life Financial Inc. (SLF.TO) from C$56.00 to C$59.00 and gave the stock a sector perform rating in a research note on Wednesday, November 11th. Scotiabank upped their target price on shares of Sun Life Financial Inc. (SLF.TO) from C$61.00 to C$64.00 in a research note on Friday, November 6th. Finally, BMO Capital Markets upped their target price on shares of Sun Life Financial Inc. (SLF.TO) from C$61.00 to C$63.00 in a research note on Friday, November 6th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of C$62.08.

Shares of SLF stock opened at C$60.56 on Wednesday. The firm has a market capitalization of C$35.43 billion and a PE ratio of 14.96. The firm has a fifty day simple moving average of C$57.47 and a two-hundred day simple moving average of C$55.27. The company has a current ratio of 7,033.80, a quick ratio of 6,615.27 and a debt-to-equity ratio of 17.57. Sun Life Financial Inc. has a 12 month low of C$0.06 and a 12 month high of C$66.44.

Sun Life Financial Inc. (SLF.TO) (TSE:SLF) (NYSE:SLF) last announced its quarterly earnings results on Wednesday, November 4th. The financial services provider reported C$1.44 EPS for the quarter, beating the Zacks’ consensus estimate of C$1.18 by C$0.26. The business had revenue of C$10.03 billion for the quarter. On average, equities analysts predict that Sun Life Financial Inc. will post 5.83 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 31st. Shareholders of record on Wednesday, November 25th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 3.63%. The ex-dividend date was Tuesday, November 24th. Sun Life Financial Inc. (SLF.TO)’s dividend payout ratio (DPR) is presently 54.36%.

In other Sun Life Financial Inc. (SLF.TO) news, Director Dean Connor sold 28,106 shares of the company’s stock in a transaction dated Tuesday, December 1st. The shares were sold at an average price of C$57.61, for a total transaction of C$1,619,186.66. Following the sale, the director now directly owns 86,047 shares of the company’s stock, valued at C$4,957,167.67. Over the last ninety days, insiders have sold 70,447 shares of company stock worth $3,925,919.

Sun Life Financial Inc. (SLF.TO) Company Profile

Sun Life Financial Inc, a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients in the United States, the United Kingdom, Canada, and internationally. It offers life, health, wellness, disability, critical illness, stop-loss, and long-term care insurance products.

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Analyst Recommendations for Sun Life Financial Inc. (SLF.TO) (TSE:SLF)

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