Sun Life Financial (TSE:SLF) Stock Price Expected to Rise, Scotiabank Analyst Says

Sun Life Financial (TSE:SLF) (NYSE:SLF) had its target price boosted by equities research analysts at Scotiabank from C$93.00 to C$96.00 in a report released on Friday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the financial services provider’s stock. Scotiabank’s target price points to a potential upside of 2.19% from the company’s previous close.

SLF has been the subject of a number of other reports. Royal Bank Of Canada set a C$84.00 price target on Sun Life Financial and gave the stock a “sector perform” rating in a report on Monday, January 19th. BMO Capital Markets decreased their price target on shares of Sun Life Financial from C$99.00 to C$95.00 in a research report on Monday, November 10th. Desjardins set a C$94.00 price objective on shares of Sun Life Financial and gave the stock a “buy” rating in a report on Thursday, December 18th. National Bank Financial decreased their target price on Sun Life Financial from C$94.00 to C$93.00 in a research report on Thursday, November 6th. Finally, Jefferies Financial Group boosted their price target on Sun Life Financial from C$97.00 to C$103.00 in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of C$96.44.

Sun Life Financial Stock Up 0.3%

Sun Life Financial stock opened at C$93.94 on Friday. The firm has a market cap of C$52.03 billion, a price-to-earnings ratio of 17.79, a P/E/G ratio of 1.33 and a beta of 0.73. The company has a debt-to-equity ratio of 26.00, a current ratio of 92.19 and a quick ratio of 84,866.00. Sun Life Financial has a fifty-two week low of C$74.56 and a fifty-two week high of C$94.76. The firm has a fifty day moving average price of C$86.29 and a two-hundred day moving average price of C$84.08.

Sun Life Financial (TSE:SLF) (NYSE:SLF) last posted its quarterly earnings data on Wednesday, February 11th. The financial services provider reported C$1.96 earnings per share for the quarter. Sun Life Financial had a return on equity of 15.69% and a net margin of 7.58%. As a group, analysts forecast that Sun Life Financial will post 6.9230769 earnings per share for the current year.

Key Sun Life Financial News

Here are the key news stories impacting Sun Life Financial this week:

• Positive Sentiment: Q4 earnings beat and strong results — Sun Life reported C$1.96 EPS, a sizable year-over-year profit increase (~$722M) and strong Asia unit performance, which supports the upbeat investor reaction. Article Title Article Title
• Positive Sentiment: Jefferies raised its target from C$97 to C$103 (≈10.1% upside), signaling stronger analyst conviction on SLF’s outlook. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to C$100 and moved to “outperform,” another bullish vote that likely supported buying interest. Article Title
• Positive Sentiment: Desjardins increased its target to C$101 and set a “buy” rating — adds momentum to the bullish analyst narrative. Article Title Article Title
• Positive Sentiment: Scotiabank and RBC both raised targets (Scotia to C$96, RBC to C$95), keeping coverage upbeat across major Canadian dealers. Article Title
• Positive Sentiment: Dividend activity — Sun Life declared common and preferred-share dividends (preferred payable Q1 2026), which appeals to income-focused investors. Article Title Article Title
• Neutral Sentiment: Earnings call transcript and highlights are available for deeper read-through; watch management commentary for margin drivers and Asia growth details. Article Title Article Title
• Negative Sentiment: TD Securities trimmed its target from C$104 to C$102 (still a “buy”), a modest negative signal that some firms are tempering near-term upside. Article Title

About Sun Life Financial

Sun Life Financial is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm. Sun Life generates about a third of its profit from asset-management operations.