Sun Life Financial (SLF) Receives Analyst Rating

Sun Life Financial (SLF) : Zacks Investment Research ranks Sun Life Financial (SLF) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. The average broker rating of 3 research analysts is 2.33, which indicates as a Buy.

Sun Life Financial (SLF) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $52 and the lowest price target forecast is $32. The average forecast of all the analysts is $38.76 and the expected standard deviation is $9.11.


Also, Bank of America initiates coverage on Sun Life Financial (NYSE:SLF) The current rating of the shares is Underperform. The rating by the firm was issued on August 24, 2016.

Sun Life Financial (NYSE:SLF): After opening at $30.77, the stock dipped to an intraday low of $30.66 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $31.62 and the buying power remained strong till the end. The stock closed at $31.53 for the day, a gain of 2.44% for the day session. The total traded volume was 482,107. The stocks close on the previous trading day was $30.78.

Sun Life Financial Inc. (Sun Life Financial) is a financial services organization, which provides a range of protection and wealth products and services to individuals and corporate customers. The Company operates in five segments: Sun Life Financial Canada (SLF Canada), Sun Life Financial United States (SLF U.S.), MFS Investment Management (MFS), Sun Life Financial Asia (SLF Asia) and Corporate. The Company distributes its products through a variety of distribution channels, including direct sales agents, managing general agents, independent general agents, financial intermediaries, broker-dealers, banks, pension and benefits consultants and other third-party marketing organizations. The Company 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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