Are Analysts Bullish Sun Life Financial Inc (TSE:SLF) After Last Week?

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. The fund owned 7,964,804 shares of the financial services provider's stock after acquiring an additional 197,208 shares during the period.

Brokerages have released opinions on Sun Life Financial Inc of late. CIBC Asset Management Inc owned approximately 1.30% of Sun Life Financial worth $316,349,000 at the end of the most recent quarter. Sun Life Financial has a 52 week low of C$43.51 and a 52 week high of C$53.75. Motco now owns 95,000 shares of the financial services provider's stock valued at $3,396,000 after purchasing an additional 2,082 shares during the period. Accern also gave news headlines about the financial services provider an impact score of 45.4440742993033 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. APG Asset Management N.V. now owns 2,169,526 shares of the financial services provider's stock valued at $92,617,000 after buying an additional 53,400 shares during the period. The stock of Sun Life Financial Inc (NYSE:SLF) has "Sector Perform" rating given on Friday, February 17 by RBC Capital Markets. Sun Life Financial Inc (NYSE:SLF) has declined 1.22% since November 23, 2016 and is downtrending.

The stock decreased 0.20% or $0.05 on November 22, reaching $25.01. Sun Life Financial Inc. The company has a current ratio of 4.42, a quick ratio of 4.42 and a debt-to-equity ratio of 0.21. Shareholders of record on Wednesday, May 31st will be given a dividend of $0.3164 per share. The ex-dividend date is Friday, May 26th. This represents a $1.43 dividend on an annualized basis and a yield of 3.60%. World Asset Management Inc raised its stake in Sun Life Financial by 8.1% in the third quarter. Royal Bank Of Canada now has an outperform rating on the financial services provider's stock. Lpl Financial Llc sold 41,271 shares as the company's stock declined 28.76% while stock markets rallied. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

TRADEMARK VIOLATION WARNING: This story was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this article on another publication, it was stolen and republished in violation of U.S. and global copyright legislation. The correct version of this article can be accessed at https://www.dispatchtribunal.com/2017/11/22/sun-life-financial-inc-slf-stake-raised-by-cibc-asset-management-inc.html. BidaskClub raised Sun Life Financial from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 19th. Sun Life Financial Inc. had 57 analyst reports since July 24, 2015 according to SRatingsIntel. Zacks Investment Research cut Sun Life Financial from a "buy" rating to a "hold" rating in a report on Tuesday, September 19th. Finally, TD Securities lifted their price objective on shares of Sun Life Financial from C$53.00 to C$54.00 and gave the company a hold rating in a research report on Thursday, November 9th. Seven investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Beutel Goodman & Co Ltd who had been investing in Sun Life Fncl Inc for a number of months, seems to be bullish on the $24.20B market cap company.

Sun Life Financial is a leading worldwide financial services organization providing a diverse range of insurance, wealth and asset management solutions to individuals and corporate Clients. It operates through five divisions. The Sun Life Financial Canada segment provides retail insurance and investment advice, products and services to people across Canada.

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