BMO Capital Thinks Sun Life Financial’s Stock is Going to Recover


According to The Fly, bMO Capital analyst Tom Mackinnon reiterated a Buy rating on Sun Life Financial (SLF) yesterday. The company’s shares closed yesterday at $37, close to its 52-week low of $35.78.

According to TipRanks.com, Mackinnon is a 4-star analyst with an average return of 7.7% and a 59.5% success rate. Mackinnon covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, Manulife Financial Corp, and IGM Financial.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sun Life Financial.

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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.

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