Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. Analyst Sumit Malhotra from Scotiabank remains bullish on Sun Life Financial (TSX: SLF) and has a C$58 price target.
Malhotra has an average return of 14.0% when recommending Sun Life Financial.
According to TipRanks.com, Malhotra is ranked #323 out of 4850 analysts.
Sun Life Financial has an analyst consensus of Moderate Buy, with a price target consensus of C$59.60, 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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Sun Life Financial’s market cap is currently C$31.66B and has a P/E ratio of 14.1. The company has a Price to Book ratio of 1.54.
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$51.58.
