Sun Life Financial (TSE:SLF) (NYSE:SLF) had its price objective trimmed by BMO Capital Markets from C$62.00 to C$60.00 in a research note issued to investors on Friday morning.

SLF has been the subject of a number of other reports. Canaccord Genuity set a C$58.00 target price on shares of Sun Life Financial and gave the company a hold rating in a report on Tuesday, July 24th. CIBC upped their target price on shares of Sun Life Financial from C$58.00 to C$59.00 in a report on Thursday, May 10th. TD Securities dropped their price target on shares of Sun Life Financial from C$63.00 to C$62.00 in a research note on Thursday, August 9th. Eight Capital boosted their price target on shares of Sun Life Financial from C$55.00 to C$57.00 in a research note on Thursday, May 10th. Finally, Desjardins boosted their price target on shares of Sun Life Financial from C$58.00 to C$60.00 in a research note on Friday, June 29th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of Buy and an average price target of C$59.33.

Shares of TSE:SLF opened at C$51.03 on Friday. Sun Life Financial has a one year low of C$46.19 and a one year high of C$56.09.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Wednesday, August 29th will be paid a dividend of $0.475 per share. The ex-dividend date is Tuesday, August 28th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.72%.

About Sun Life Financial

Sun Life Financial Inc, a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients, high-net-worth individuals, and families. It operates through Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate segments.

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Analyst Recommendations for Sun Life Financial (TSE:SLF)

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