Today, an analyst has provided a rating update for the Financial sector company, Sun Life Financial (SLF). The company received a Buy rating from BMO Capital’s analyst Tom Mackinnon, with a C$57 price target.
According to TipRanks.com, Mackinnon is a 4-star analyst with an average return of 4.9% and a 58.7% success rate. Mackinnon covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, Sun Life Financial, and IGM Financial.
Sun Life Financial has an analyst consensus of Moderate Buy, with a price target consensus of C$52.80.
Sun Life Financial’s market cap is currently C$28.28B and has a P/E ratio of 13.3. The company has a Price to Book ratio of 1.37.
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$48.81.