Yesterday, an analyst has provided a rating update for the Financial sector company, Sun Life Financial (TSX: SLF). The company received a Buy rating from BMO Capital’s analyst Tom Mackinnon, with a C$60 price target.
According to TipRanks.com, Mackinnon is ranked #758 out of 4850 analysts.
Currently, the analyst consensus on Sun Life Financial is a Moderate Buy with an average price target of C$59.67, implying a 15.5% upside from current levels. In a report released yesterday, TD Securities also reiterated a Buy rating on the stock with a C$62 price target.
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The company has a one-year high of C$56.09 and a one-year low of C$46.19. Currently, Sun Life Financial has an average volume of 1.05M.
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.
The company’s shares closed on Friday at C$51.67.
