Sun Life Financial (TSE:SLF) PT Set at C$82.00 by Royal Bank of Canada

Sun Life Financial (TSE:SLF) (NYSE:SLF) has been given a C$82.00 price target by stock analysts at Royal Bank of Canada in a research report issued on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. Royal Bank of Canada’s price target would indicate a potential upside of 1.64% from the stock’s current price.

Other analysts have also recently issued reports about the company. Barclays increased their price objective on Sun Life Financial from C$82.00 to C$87.00 in a research report on Monday, January 6th. National Bank Financial raised Sun Life Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 14th. Scotiabank cut their target price on Sun Life Financial from C$98.00 to C$94.00 in a research note on Friday, February 14th. Cormark raised Sun Life Financial from a “hold” rating to a “moderate buy” rating in a research note on Thursday, February 13th. Finally, CIBC cut their target price on Sun Life Financial from C$95.00 to C$94.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Sun Life Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of C$87.00.

Sun Life Financial Price Performance

Sun Life Financial stock opened at C$80.68 on Monday. Sun Life Financial has a twelve month low of C$64.38 and a twelve month high of C$88.54. The stock has a 50 day moving average of C$81.65 and a two-hundred day moving average of C$81.17. The company has a current ratio of 92.19, a quick ratio of 84,866.00 and a debt-to-equity ratio of 26.00. The stock has a market capitalization of C$46.08 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 1.33 and a beta of 0.94.

Sun Life Financial Company Profile

Sun Life Financial is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm.