Barclays raised the firm’s price target on Sun Life Financial (SLF) to C$84 from C$82 and keeps an Underweight rating on the shares as part of a Q3 preview for the life insurance group. The firm remains optimistic around fee-based earnings and group benefits. It does not see Q3 actuarial review “causing much noise this year.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLF:
- TD upgrades Sun Life to Buy on valuation, price hikes
- Sun Life Financial upgraded to Buy from Hold at TD Securities
- Sun Life Financial price target raised to $89 from $88 at Morgan Stanley
- Sun Life Appoints Tom Murphy as President of Asset Management, Unifying Global Operations
- Sun Life Financial to Issue $1 Billion in Debentures for Strategic Growth