Sun Life Financial (TSE:SLF – Get Free Report) (NYSE:SLF) had its price target lifted by stock analysts at TD Securities from C$73.00 to C$75.00 in a research report issued on Friday, BayStreet.CA reports. The brokerage currently has a “hold” rating on the financial services provider’s stock. TD Securities’ price objective would suggest a potential upside of 6.82% from the stock’s previous close.
A number of other equities analysts have also recently commented on SLF. Jefferies Financial Group boosted their price target on Sun Life Financial from C$82.00 to C$83.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. National Bankshares upped their target price on Sun Life Financial from C$71.00 to C$72.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 23rd. Desjardins upped their target price on Sun Life Financial from C$75.00 to C$77.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Evercore upped their target price on Sun Life Financial from C$76.00 to C$78.00 and gave the stock an “outperform” rating in a report on Tuesday, January 23rd. Finally, Scotiabank upped their target price on Sun Life Financial from C$75.00 to C$76.00 in a report on Tuesday, February 6th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Sun Life Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of C$76.82.
View Our Latest Stock Report on SLF
Sun Life Financial Price Performance
Sun Life Financial (TSE:SLF – Get Free Report) (NYSE:SLF) last posted its quarterly earnings results on Wednesday, February 7th. The financial services provider reported C$1.68 EPS for the quarter, topping analysts’ consensus estimates of C$1.59 by C$0.09. Sun Life Financial had a return on equity of 13.98% and a net margin of 10.26%. The company had revenue of C$18.68 billion during the quarter. On average, sell-side analysts expect that Sun Life Financial will post 6.9482759 earnings per share for the current fiscal year.
Insider Buying and Selling at Sun Life Financial
In other Sun Life Financial news, Senior Officer Daniel Fishbein sold 16,000 shares of the company’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of C$74.45, for a total value of C$1,191,120.00. Corporate insiders own 0.03% of the company’s stock.
About Sun Life Financial
Sun Life Financial Inc, a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance.
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