In a new note to investors today, an analyst has provided a rating update for the Financial sector company, Sun Life Financial (TSX: SLF). Analyst Douglas Young from Desjardins rated Sun Life Financial (TSX: SLF) a Buy, setting a C$58 price target.
According to TipRanks.com, Young is a 4-star analyst with an average return of 6.4% and a 68.5% success rate. Young covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Manulife Financial Corp, and National Bank of Canada.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sun Life Financial with a C$59.33 average price target.
The company has a one-year high of C$56.09 and a one-year low of C$47.57. Currently, Sun Life Financial has an average volume of 1.02M.
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 Tuesday at C$47.89, close to its 52-week low of C$47.57.
