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Barclays Thinks Sun Life Financial’s Stock is Going to Recover


According to The Fly, in a report released yesterday, John Aiken from Barclays maintained a Buy rating on Sun Life Financial (SLF). The company’s shares closed yesterday at $37, close to its 52-week low of $35.78.

According to TipRanks.com, Aiken ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -2.5% and a 39.1% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.

The the analyst consensus on Sun Life Financial is currently a Moderate Buy rating.

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Sun Life Financial’s market cap is currently $22.46B and has a P/E ratio of 11.95. The company has a Price to Book ratio of 1.41.

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Sun Life Financial, Inc. is a holding company, which engages in the provision of diversified financial services. It operates its business through its segments: Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate.