Price Action Alert: Could Sun Life Financial Inc Rise Even More? The Stock Had Another Big Increase Today

Price Action Alert: Could Sun Life Financial Inc Rise Even More? The Stock Had Another Big Increase Today

The stock of Sun Life Financial Inc (NYSE:SLF) is a huge mover today! About 1.07 million shares traded hands or 152.07% up from the average. Sun Life Financial Inc (NYSE:SLF) has risen 8.90% since April 8, 2016 and is uptrending. It has outperformed by 3.25% the S&P500.
The move comes after 7 months positive chart setup for the $23.43 billion company. It was reported on Nov, 10 by Barchart.com. We have $46.91 PT which if reached, will make NYSE:SLF worth $5.86B more.

Sun Life Financial Inc (NYSE:SLF) Ratings Coverage

Out of 10 analysts covering Sun Life Financial Inc. (NYSE:SLF), 7 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 70% are positive. Sun Life Financial Inc. has been the topic of 17 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock of Sun Life Financial Inc (NYSE:SLF) has “Overweight” rating given on Monday, March 7 by Barclays Capital. The stock has “Outperform” rating given by RBC Capital Markets on Friday, November 6. IBC upgraded the shares of SLF in a report on Thursday, February 11 to “Sector Outperform” rating. The firm has “Outperform” rating given on Friday, September 11 by RBC Capital Markets. Jefferies maintained the stock with “Hold” rating in Wednesday, July 27 report. The firm earned “Buy” rating on Wednesday, December 23 by Argus Research. The stock of Sun Life Financial Inc (NYSE:SLF) earned “Outperform” rating by Macquarie Research on Thursday, September 10. The firm has “Outperform” rating given on Thursday, August 6 by Credit Suisse. The firm earned “Neutral” rating on Thursday, November 5 by Macquarie Research. The firm has “Buy” rating by Bank of America given on Monday, September 21.

According to Zacks Investment Research, “SUN LIFE FINL is a leading international financial services organization providing a diverse range of wealth accumulation and protection products and services to individuals and corporate customers. Tracing its roots back to 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda.”

More important recent Sun Life Financial Inc (NYSE:SLF) news were published by: Prnewswire.com which released: “Sun Life Financial increases dividend” on November 09, 2016, also Forbes.com published article titled: “Sun Life Financial’s Preferred Shares Series 3 Yield Pushes Past 5%”, Forbes.com published: “RSI Alert: Sun Life Financial Now Oversold” on September 13, 2016. More interesting news about Sun Life Financial Inc (NYSE:SLF) was released by: Benzinga.com and their article: “Keep an Eye on These 10 Stocks for November 9, 2016” with publication date: November 09, 2016.

SLF 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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