Could Sun Life Financial Inc Lose Strenght? The Stock Increases A Lot Today

 Could Sun Life Financial Inc Lose Strenght? The Stock Increases A Lot Today

The stock of Sun Life Financial Inc (TSE:SLF) is a huge mover today! About 270,379 shares traded hands. Sun Life Financial Inc (TSE:SLF) has risen 8.88% since April 5, 2016 and is uptrending. It has outperformed by 4.10% the S&P500.
The move comes after 7 months positive chart setup for the $27.95B company. It was reported on Nov, 9 by Barchart.com. We have $74.46 PT which if reached, will make TSE:SLF worth $17.61 billion more.

Sun Life Financial Inc (TSE:SLF) Ratings Coverage

Out of 12 analysts covering Sun Life Financial Inc. (TSE:SLF), 10 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 83% are positive. $52 is the highest target while $37.0 is the lowest. The $45.64 average target is -0.09% below today’s ($45.68) stock price. Sun Life Financial Inc. has been the topic of 37 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Thursday, August 6 by Canaccord Genuity. On Wednesday, August 24 the stock rating was initiated by Bank of America with “Underperform”. The firm has “Outperform” rating by Macquarie Research given on Thursday, September 10. The company was maintained on Friday, November 6 by RBC Capital Markets. Argus Research upgraded Sun Life Financial Inc (TSE:SLF) rating on Wednesday, December 23. Argus Research has “Buy” rating and $37.0 price target. The rating was upgraded by TD Securities on Thursday, August 6 to “Buy”. The stock of Sun Life Financial Inc (TSE:SLF) earned “Sector Perform” rating by IBC on Thursday, August 6. The rating was maintained by TD Securities with “Buy” on Friday, August 12. IBC upgraded the stock to “Sector Outperformer” rating in Thursday, February 11 report. The firm has “Neutral” rating by Macquarie Research given on Thursday, November 5.

More recent Sun Life Financial Inc (TSE:SLF) news were published by: Forbes.com which released: “Sun Life Financial’s Preferred Shares Series 3 Yield Pushes Past 5%” on November 04, 2016. Also Forbes.com published the news titled: “RSI Alert: Sun Life Financial Now Oversold” on September 13, 2016. Zacks.com‘s news article titled: “Sun Life Financial Eyes Growth Despite Low Interest Rates” with publication date: October 14, 2016 was also an interesting one.

Sun Life Financial Inc. is the holding firm of Sun Life Assurance Company of Canada. The company has a market cap of $27.95 billion. The Firm is a financial services organization providing a range of protection and wealth services and products. It has a 13.78 P/E ratio. It operates in five divisions: Sun Life Financial Canada , Sun Life Financial United States (SLF U.S.), Sun Life Financial Asset Management (SLF Asset Management), Sun Life Financial Asia (SLF Asia) and Corporate.

SLF.TO Company Profile

Sun Life Financial Inc. (Sun Life Financial), incorporated on August 5, 1999, is the holding firm of Sun Life Assurance Company of Canada. The Firm is a financial services organization providing a range of protection and wealth services and products to individuals and corporate customers. The Firm operates in five divisions: Sun Life Financial Canada (SLF Canada), Sun Life Financial United States (SLF U.S.), Sun Life Financial Asset Management (SLF Asset Management), Sun Life Financial Asia (SLF Asia) and Corporate. The Firm operates in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda.

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