CIBC Sticks to Their Hold Rating for Sun Life Financial

By Jason Carr

Wall Street analyst has provided a rating update for the Financial sector company yesterday, while remaining neutral on the stock. Analyst Paul Holden from CIBC remains neutral on Sun Life Financial (TSX: SLF).

Holden has an average return of 7.6% when recommending Sun Life Financial.

According to TipRanks.com, Holden is ranked #1632 out of 4810 analysts.

Sun Life Financial has an analyst consensus of Hold.

The company has a one-year high of C$56.09 and a one-year low of C$43.51. Currently, Sun Life Financial has an average volume of 1.07M.

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$55.04, close to its 52-week high of C$56.09.