Sun Life Financial (TSE:SLF – Get Rating) (NYSE:SLF) had its price objective hoisted by research analysts at TD Securities from C$64.00 to C$65.00 in a research report issued on Thursday, BayStreet.CA reports. The firm presently has a “hold” rating on the financial services provider’s stock. TD Securities’ price target would indicate a potential upside of 7.62% from the stock’s current price.
SLF has been the subject of a number of other research reports. Veritas Investment Research reissued a “reduce” rating on shares of Sun Life Financial in a research note on Wednesday, April 20th. Barclays assumed coverage on shares of Sun Life Financial in a research note on Thursday, June 9th. They set an “outperform” rating and a C$71.00 target price for the company. National Bankshares decreased their target price on shares of Sun Life Financial from C$68.00 to C$67.00 and set a “sector perform” rating for the company in a research note on Tuesday, July 19th. CIBC decreased their target price on shares of Sun Life Financial from C$67.00 to C$65.00 in a research note on Friday, July 22nd. Finally, Credit Suisse Group reduced their price objective on shares of Sun Life Financial to C$65.00 and set an “outperform” rating for the company in a research note on Friday, July 22nd. One analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of C$66.57.
Sun Life Financial Trading Down 0.1 %
TSE SLF opened at C$60.40 on Thursday. Sun Life Financial has a twelve month low of C$56.14 and a twelve month high of C$74.22. The company has a debt-to-equity ratio of 23.81, a quick ratio of 15,084.33 and a current ratio of 15,951.83. The stock has a market cap of C$35.40 billion and a price-to-earnings ratio of 9.21. The firm’s 50 day moving average price is C$59.33 and its two-hundred day moving average price is C$64.76.
About Sun Life Financial
Sun Life Financial Inc, a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company also provides reinsurance products; investment counselling and portfolio management services; mutual funds and segregated funds; trust and banking services; real estate property brokerage and appraisal services; and merchant banking services.
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