Sun Life Financial (SLF) Receives a Buy from TD Securities

By Ryan Adsit

Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. Analyst Mario Mendonca from TD Securities reiterated a Buy rating on Sun Life Financial (TSX: SLF), with a C$62 price target.

Mendonca has an average return of 5.3% when recommending Sun Life Financial.

According to TipRanks.com, Mendonca is ranked #1398 out of 4850 analysts.

Sun Life Financial has an analyst consensus of Moderate Buy, with a price target consensus of C$60.

Sun Life Financial’s market cap is currently C$31.53B and has a P/E ratio of 14. The company has a Price to Book ratio of 1.53.

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 Thursday at C$51.30.