Desjardins analyst Douglas Young maintains $Sun Life Financial (SLF.US)$ with a buy rating, and adjusts the target price from $54.65 to $60.82.
According to TipRanks data, the analyst has a success rate of 71.3% and a total average return of 15.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Sun Life Financial (SLF.US)$'s main analysts recently are as follows:
Sun Life Financial's operating earnings surpassed expectations due to stronger than anticipated performance in the Canadian and U.S. core insurance sectors.
Sun Life Financial's recent quarter surpassed expectations, bolstered by robust performance in the U.S. segment and a notable rebound in U.S. dental results, which returned to profitability in Q3. Looking ahead to 2025, the repricing of dental premiums and the life insurance company's 'solid capital'—which is being redistributed to shareholders through buybacks—presents a favorable outlook.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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