Analyst Ratings Coverage
TD Securities (Rank #13) maintained the “Outperform” rating, and lowered the 12 month target forecast to $68 per share from $71.
Sunlife Financial Stock Analysis
Analyst Forecasts:
Average Analyst Target Price:
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- The consensus of 10 analysts suggests that the average target price for Sun Life Financial Inc. over the next 12 months is projected to be CAD 71.94. This figure is an important metric for investors, as it represents the collective opinion of financial experts regarding the company’s future valuation.
- Average Analyst Rating: Buy:
- The average analyst rating for Sun Life Financial Inc. is Buy. This positive sentiment among analysts implies that the majority of financial experts recommend buying the stock, signaling confidence in the company’s potential for growth.
Stock Target Advisor’s Analysis:
- Stock Target Advisor’s Rating: Slightly Bearish:
- Stock Target Advisor provides its own analysis, which leans Slightly Bearish. This stance is based on a combination of 6 positive signals and 10 negative signals identified by the advisor’s proprietary analysis. Investors should delve deeper into these signals to understand the factors influencing this slightly bearish rating.
Recent Stock Performance:
Recent Stock Price:
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- At the last closing, Sun Life Financial Inc.’s stock price was CAD 66.05. This figure serves as a reference point for investors, reflecting the market’s valuation of the company at that specific moment.
- Weekly, Monthly, and Yearly Performance:
- The stock has experienced a slight positive change of +1.09% over the past week, indicating short-term positive momentum.
- Over the past month, the stock price has decreased by -0.97%, reflecting a minor decline.
- Over the last year, the stock has shown strong positive performance, with an increase of +7.45%. This suggests that, over a more extended period, the company has generated positive returns for investors.
Final Stock Analysis
Investors considering Sun Life Financial Inc. should carefully weigh the positive and negative signals provided by analysts and Stock Target Advisor. The Buy rating from analysts and the positive stock performance over the last year may indicate a favorable outlook. However, the slightly bearish rating from Stock Target Advisor and the negative signals it identifies should prompt investors to conduct a comprehensive analysis of the company’s financial health, market conditions, and other relevant factors before making investment decisions.
