Trade Report: Today, Sun Life Financial Inc. (SLF) Given Average Recommendation of “Buy” from Analysts

Today, Sun Life Financial Inc. (SLF) Given Average Recommendation of “Buy” from Analysts

Shares of Sun Life Financial Inc. (TSE:SLF) (NYSE:SLF) have received a consensus rating of “Buy” from the twelve brokerages that are covering the stock. Ten analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$49.58.

Several equities analysts have recently issued reports on the company. CSFB reissued an “outperform” rating and issued a C$50.00 price objective on shares of Sun Life Financial in a report on Tuesday, November 15th. CIBC boosted their price objective on Sun Life Financial from C$47.00 to C$55.00 in a report on Friday, November 11th. Barclays PLC boosted their price objective on Sun Life Financial from C$45.00 to C$51.00 and gave the company an “overweight” rating in a report on Friday, November 11th. Royal Bank Of Canada boosted their price objective on Sun Life Financial from C$45.00 to C$53.00 and gave the company an “outperform” rating in a report on Friday, November 11th. Finally, TD Securities boosted their price objective on Sun Life Financial from C$48.00 to C$50.00 and gave the company a “buy” rating in a report on Thursday, November 10th.

Shares of Sun Life Financial (TSE:SLF) remained flat at $53.38 on Friday. 502,749 shares of the company were exchanged. The firm has a 50-day moving average of $46.69 and a 200 day moving average of $43.66. The stock has a market cap of $32.71 billion and a PE ratio of 14.34. Sun Life Financial has a 52 week low of $36.64 and a 52 week high of $53.63.

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