Sun Life Financial (SLF) Stock Forecast & Price Target

$58.92 +0.21 (+0.36%)

(As of 12/20/2024 05:31 PM ET)

Sun Life Financial - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 3 Analyst Ratings

Sell
0

Hold
1

Buy
2

Based on 3 Wall Street analysts who have issued ratings for Sun Life Financial in the last 12 months, the stock has a consensus rating of "Buy." Out of the 3 analysts, 1 has given a hold rating, 1 has given a buy rating, and 1 has given a strong buy rating for SLF.

Consensus Price Target

N/A

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SLF Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	$77.00
Forecasted Upside	N/A	N/A	N/A	51.37% Upside
Consensus Rating	Buy	Buy	Buy	Moderate Buy

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SLF Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SLF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Sun Life Financial Stock vs. The Competition

Type	Sun Life Financial	Finance Companies	S&P 500
Consensus Rating Score	3.00	2.50	2.51
Consensus Rating	Buy	Hold	Moderate Buy
Predicted Upside	N/A	18.66% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent SLF News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/5/2024	Barclays 3 of 5 stars	A. Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Equal Weight
6/3/2024	Argus 2 of 5 stars	K. Heal Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
2/22/2024	Jefferies Financial Group 2 of 5 stars		Initiated Coverage	Buy
8/10/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$79.00 ➝ $77.00	+51.10%
5/15/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector Perform ➝ Outperform
2/10/2023	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$73.00 ➝ C$75.00
2/10/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$76.00 ➝ C$78.00
2/10/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$69.00 ➝ C$71.00
2/10/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$71.00 ➝ C$75.00
2/10/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$68.00 ➝ C$71.00
2/9/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:07 AM ET.

Should I Buy Sun Life Financial Stock? SLF Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, December 17, 2024. Please send any questions or comments about these Sun Life Financial pros and cons to contact@marketbeat.com.

Sun Life Financial
Bull Case

Here are some ways that investors could benefit from investing in Sun Life Financial Inc.:

Recent institutional investments indicate strong confidence in Sun Life Financial Inc., with Public Employees Retirement System of Ohio purchasing 164,352 shares valued at approximately $9,542,000.
The stock has shown solid performance, currently trading at $61.39, reflecting a market cap of $35.34 billion, which suggests a stable financial position.
Sun Life Financial Inc. has a relatively low price-to-earnings (P/E) ratio of 13.67, indicating that the stock may be undervalued compared to its earnings, which could attract value investors.
Recent analyst coverage has been positive, with Barclays initiating coverage and setting an "equal weight" rating, suggesting a balanced outlook for the stock.
Institutional ownership stands at 52.26%, which often indicates a level of trust and stability in the company, as institutional investors typically conduct thorough research before investing.

Sun Life Financial
Bear Case

Investors should be bearish about investing in Sun Life Financial Inc. for these reasons:

Recent changes in analyst ratings include a downgrade from "buy" to "hold" by StockNews.com, which may signal a lack of strong growth potential in the near term.
Despite a solid market cap, the stock has a price-to-earnings-growth (PEG) ratio of 1.57, which could indicate that the stock is priced high relative to its expected growth rate.
Sun Life Financial Inc. has experienced fluctuations in stock price, with a 52-week range between $46.41 and $62.85, suggesting volatility that could deter risk-averse investors.
Recent selling by Zurcher Kantonalbank, which cut its holdings by 7.5%, may raise concerns about insider confidence in the company's future performance.
The financial services sector can be sensitive to economic downturns, and any adverse economic conditions could negatively impact Sun Life Financial Inc.'s performance.

SLF Forecast - Frequently Asked Questions

: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sun Life Financial in the last year. There is currently 1 hold rating, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SLF shares.
: According to analysts, Sun Life Financial's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Analysts like Sun Life Financial more than other "finance" companies. The consensus rating for Sun Life Financial is Buy while the average consensus rating for "finance" companies is Hold. Learn more on how SLF compares to other companies.

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This page (NYSE:SLF) was last updated on 12/22/2024 by MarketBeat.com Staff

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Sun Life Financial (SLF) Stock Forecast & Price Target