Can Sun Life Financial Inc’s Tomorrow Be Different? The Stock Increases Again

 Can Sun Life Financial Inc's Tomorrow Be Different? The Stock Increases Again

The stock of Sun Life Financial Inc (TSE:SLF) is a huge mover today! About 105,737 shares traded hands. Sun Life Financial Inc (TSE:SLF) has risen 23.61% since April 18, 2016 and is uptrending. It has outperformed by 19.05% the S&P500.
The move comes after 7 months positive chart setup for the $32.99 billion company. It was reported on Nov, 22 by Barchart.com. We have $55.19 PT which if reached, will make TSE:SLF worth $1.32 billion more.

Sun Life Financial Inc (TSE:SLF) Ratings Coverage

Out of 13 analysts covering Sun Life Financial Inc. (TSE:SLF), 10 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 77% are positive. $55 is the highest target while $37.0 is the lowest. The $47.55 average target is -10.40% below today’s ($53.07) stock price. Sun Life Financial Inc. has been the topic of 41 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was initiated by Bank of America with “Underperform” on Wednesday, August 24. The rating was maintained by Scotia Capital with “Outperform” on Friday, August 7. On Friday, August 7 the stock rating was maintained by Barclays Capital with “Overweight”. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, November 6 report. Credit Suisse upgraded Sun Life Financial Inc (TSE:SLF) on Thursday, August 6 to “Outperform” rating. As per Thursday, August 6, the company rating was maintained by Canaccord Genuity. The firm has “Sector Perform” rating given on Thursday, August 6 by IBC. The stock of Sun Life Financial Inc (TSE:SLF) has “Buy” rating given on Wednesday, September 21 by Dundee Securities. The company was upgraded on Monday, September 21 by Bank of America. The rating was downgraded by Edward Jones to “Hold” on Monday, November 21.

More important recent Sun Life Financial Inc (TSE:SLF) news were published by: Business.Financialpost.com which released: “Sun Life Financial Inc downgraded, investors told to ‘manage their expectations'” on November 17, 2016, also Businessinsider.com published article titled: “UPDATE 1-Sun Life Financial profit beats on strength in U.S., Canada”, Bnn.ca published: “Sun Life now selling life insurance to HIV-positive Canadians” on November 21, 2016. More interesting news about Sun Life Financial Inc (TSE:SLF) was released by: Theglobeandmail.com and their article: “Sun Life posts 21% jump in profit” with publication date: November 09, 2016.

Sun Life Financial Inc. is the holding firm of Sun Life Assurance Company of Canada. The company has a market cap of $32.99 billion. The Firm is a financial services organization providing a range of protection and wealth services and products. It has a 14.25 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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