The Sun Life Financial Inc. (SLF) Receives C$49.58 Average Price Target from Brokerages

The Sun Life Financial Inc. (SLF) Receives C$49.58 Average Price Target from Brokerages

Shares of Sun Life Financial Inc. (TSE:SLF) (NYSE:SLF) have been assigned a consensus rating of “Buy” from the twelve ratings firms that are currently covering the firm. Ten equities research analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$49.58.

SLF has been the subject of several research reports. Dundee Securities restated a “buy” rating and set a C$48.00 price objective on shares of Sun Life Financial in a research note on Wednesday, September 21st. CIBC lifted their price objective on shares of Sun Life Financial from C$46.00 to C$47.00 in a research note on Thursday, September 15th. Scotiabank lifted their price objective on shares of Sun Life Financial from C$46.00 to C$50.00 and gave the company an “outperform” rating in a research note on Monday, November 7th. Royal Bank Of Canada lifted their price objective on shares of Sun Life Financial from C$45.00 to C$53.00 and gave the company an “outperform” rating in a research note on Friday, November 11th. Finally, Barclays PLC lifted their price objective on shares of Sun Life Financial from C$44.00 to C$45.00 in a research note on Thursday, October 13th.

Sun Life Financial (TSE:SLF) opened at 53.49 on Friday. The stock has a market cap of $32.78 billion and a P/E ratio of 14.37. Sun Life Financial has a 12-month low of $36.64 and a 12-month high of $53.75. The stock has a 50 day moving average of $46.98 and a 200 day moving average of $43.74.

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