Sun Life Financial (SLF) PT Raised to C$60.00 at Canaccord Genuity

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Sun Life Financial (TSE:SLF) (NYSE:SLF) had its target price lifted by Canaccord Genuity from C$58.00 to C$60.00 in a research report released on Friday morning.

Several other brokerages have also commented on SLF. TD Securities reduced their price objective on Sun Life Financial from C$63.00 to C$62.00 in a research report on Thursday. BMO Capital Markets increased their price objective on Sun Life Financial from C$61.00 to C$62.00 in a research report on Thursday, May 10th. Cormark set a C$60.00 price objective on Sun Life Financial in a research report on Friday. Desjardins increased their price objective on Sun Life Financial from C$58.00 to C$60.00 in a research report on Friday, June 29th. Finally, CIBC increased their price objective on Sun Life Financial from C$58.00 to C$59.00 in a research report on Thursday, May 10th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of C$59.33.

Shares of Sun Life Financial stock opened at C$51.49 on Friday. Sun Life Financial has a 12 month low of C$46.19 and a 12 month high of C$56.09.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Wednesday, August 29th will be issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend is Tuesday, August 28th.

Sun Life Financial Company Profile

Sun Life Financial Inc, a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients, high-net-worth individuals, and families. It operates through Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate segments.

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Analyst Recommendations for Sun Life Financial (TSE:SLF)

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