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Analysts Offer Insights on Financial Companies: Sun Life Financial (SLF), Coinbase Global (COIN) and CI Financial (OtherCIXXF)

Analysts have been eager to weigh in on the Financial sector with new ratings on Sun Life Financial (SLFResearch Report), Coinbase Global (COINResearch Report) and CI Financial (CIXXFResearch Report).

Sun Life Financial (SLF)

In a report released today, Darko Mihelic from RBC Capital maintained a Buy rating on Sun Life Financial, with a price target of C$76.00. The company’s shares closed last Monday at $50.67.

According to TipRanks.com, Mihelic is a 4-star analyst with an average return of 6.1% and a 57.9% success rate. Mihelic covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.

Sun Life Financial has an analyst consensus of Strong Buy, with a price target consensus of $55.54, which is a 10.4% upside from current levels. In a report released today, Veritas Investment Research also upgraded the stock to Buy with a C$76.00 price target.

See the top stocks recommended by analysts >>

Coinbase Global (COIN)

In a report issued on May 8, Ed Engel from Singular maintained a Buy rating on Coinbase Global, with a price target of $316.00. The company’s shares closed last Monday at $199.47.

According to TipRanks.com, Engel is ranked #8506 out of 8844 analysts.

Currently, the analyst consensus on Coinbase Global is a Moderate Buy with an average price target of $240.00, implying a 17.6% upside from current levels. In a report issued on May 2, Canaccord Genuity also maintained a Buy rating on the stock with a $280.00 price target.

CI Financial (CIXXF)

KBW analyst Kyle Voigt maintained a Hold rating on CI Financial today and set a price target of C$21.00. The company’s shares closed last Monday at $10.88.

According to TipRanks.com, Voigt is a 4-star analyst with an average return of 5.0% and a 65.0% success rate. Voigt covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Apollo Global Management, and Raymond James Financial.

Currently, the analyst consensus on CI Financial is a Moderate Buy with an average price target of $14.30, which is a 32.0% upside from current levels. In a report issued on April 29, RBC Capital also maintained a Hold rating on the stock with a C$20.00 price target.

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