Sun Life Financial (TSE:SLF - Get Free Report) NYSE: SLF was upgraded by National Bank Financial from a "hold" rating to a "strong-buy" rating in a research note issued on Tuesday,Zacks.com reports. National Bank Financial also issued estimates for Sun Life Financial's Q4 2024 earnings at $1.82 EPS, FY2024 earnings at $6.77 EPS, FY2025 earnings at $7.58 EPS and FY2026 earnings at $8.36 EPS.
A number of other research firms also recently weighed in on SLF. National Bankshares upgraded shares of Sun Life Financial from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from C$82.00 to C$95.00 in a report on Wednesday. Scotiabank boosted their price objective on Sun Life Financial from C$85.00 to C$96.00 in a research note on Thursday, November 14th. CIBC upped their price objective on Sun Life Financial from C$90.00 to C$96.00 in a research report on Wednesday, November 13th. Barclays lifted their target price on Sun Life Financial from C$82.00 to C$87.00 in a report on Monday, January 6th. Finally, Jefferies Financial Group boosted their target price on Sun Life Financial from C$90.00 to C$94.00 in a research report on Thursday, November 14th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$86.64.
Read Our Latest Research Report on Sun Life Financial
Sun Life Financial Price Performance
Shares of SLF stock traded up C$0.57 on Tuesday, reaching C$84.98. The company's stock had a trading volume of 689,037 shares, compared to its average volume of 1,117,753. The stock's fifty day simple moving average is C$85.05 and its 200-day simple moving average is C$77.15. Sun Life Financial has a 1 year low of C$64.38 and a 1 year high of C$88.54. The company has a market capitalization of C$48.99 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 1.33 and a beta of 0.94. The company has a current ratio of 65.29, a quick ratio of 84,866.00 and a debt-to-equity ratio of 53.77.
Insider Transactions at Sun Life Financial
In other news, Senior Officer Linda Dougherty purchased 5,800 shares of the business's stock in a transaction dated Friday, November 15th. The shares were purchased at an average price of C$84.83 per share, for a total transaction of C$492,014.00. Also, Director Kevin Strain sold 85,943 shares of Sun Life Financial stock in a transaction dated Friday, November 15th. The shares were sold at an average price of C$84.71, for a total value of C$7,280,231.53. Company insiders own 0.03% of the company's stock.
About Sun Life Financial
(
Get Free Report)
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.
Featured Articles
Before you consider Sun Life Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sun Life Financial wasn't on the list.
While Sun Life Financial currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
