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Sun Life Financial (SLF) Stock Forecast & Price Target

C$68.54
+0.31 (+0.45%)
(As of 07/12/2024 ET)

Sun Life Financial - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

C$76.18
11.15% Upside
High ForecastC$83.00
Average ForecastC$76.18
Low ForecastC$72.00
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$76.18C$76.09C$76.82C$73.31
Forecasted Upside11.15% Upside8.73% Upside9.41% Upside12.14% Upside
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SLF Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SLF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Sun Life Financial Stock vs. The Competition

TypeSun Life FinancialFinancial Services Companies
Consensus Rating Score
2.78
2.52
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingNeutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/12/2024TD Securities
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 Boost TargetC$71.00 ➝ C$73.00+6.37%
7/11/2024Evercore
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 Lower TargetC$76.00 ➝ C$75.00+9.92%
5/13/2024Royal Bank of Canada
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 Lower TargetOutperformC$77.00 ➝ C$76.00+9.60%
5/13/2024BMO Capital Markets
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 Lower TargetOutperformC$80.00 ➝ C$79.00+13.93%
5/13/2024Scotiabank
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 Lower TargetOutperformC$76.00 ➝ C$73.00+5.28%
5/10/2024National Bankshares
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 Lower TargetC$73.00 ➝ C$72.00+4.08%
4/30/2024CIBC
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 Boost TargetOutperformC$77.00 ➝ C$80.00+13.68%
3/6/2024Jefferies Financial Group
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 Boost TargetBuyC$82.00 ➝ C$83.00+13.36%
2/9/2024Desjardins
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 Boost TargetBuyC$75.00 ➝ C$77.00+8.16%
11/14/2023Cormark
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 Boost TargetC$72.00 ➝ C$73.00+6.87%
8/10/2023Credit Suisse Group
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 Lower TargetC$79.00 ➝ C$77.00+13.45%
4/13/2023Barclays
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 Lower TargetC$76.00 ➝ C$75.00+17.19%
2/10/2023Canaccord Genuity Group
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 Boost TargetC$72.00 ➝ C$75.00+11.16%
2/10/2023CSFB
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 Boost TargetC$74.00 ➝ C$75.00+11.16%
10/31/2022Evercore ISI
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 Lower TargetBuyC$67.00+15.18%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:52 PM ET.

SLF Forecast - Frequently Asked Questions

What is Sun Life Financial's forecast for 2024?

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Sun Life Financial is C$76.18, with a high forecast of C$83.00 and a low forecast of C$72.00.

Should I buy or sell Sun Life Financial stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sun Life Financial in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SLF shares.

Does Sun Life Financial's stock price have much upside?

According to analysts, Sun Life Financial's stock has a predicted upside of 8.99% based on their 12-month stock forecasts.

What analysts cover Sun Life Financial?

Sun Life Financial has been rated by research analysts at BMO Capital Markets, CIBC, Evercore, National Bankshares, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.

Do Wall Street analysts like Sun Life Financial more than its competitors?

Analysts like Sun Life Financial more than other "financial services" companies. The consensus rating score for Sun Life Financial is 2.78 while the average consensus rating score for "financial services" companies is 2.52. Learn more on how SLF compares to other companies.


This page (TSE:SLF) was last updated on 7/13/2024 by MarketBeat.com Staff

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