Sun Life Financial (TSE:SLF) Price Target Raised to C$101.00 at Desjardins

Sun Life Financial (TSE:SLF) (NYSE:SLF) had its target price boosted by Desjardins from C$96.00 to C$101.00 in a research note released on Friday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the financial services provider’s stock.

Several other research firms have also commented on SLF. Barclays reduced their price objective on Sun Life Financial from C$84.00 to C$83.00 in a research note on Friday, January 9th. Canadian Imperial Bank of Commerce upped their price target on Sun Life Financial from C$93.00 to C$95.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. BMO Capital Markets lifted their price objective on Sun Life Financial from C$95.00 to C$100.00 and gave the company an “outperform” rating in a research report on Friday. UBS Group raised shares of Sun Life Financial to a “hold” rating in a report on Thursday, October 16th. Finally, Scotiabank raised their target price on shares of Sun Life Financial from C$93.00 to C$96.00 and gave the stock a “sector perform” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of C$96.44.

Sun Life Financial Price Performance

Shares of TSE:SLF opened at C$93.94 on Friday. The company has a quick ratio of 84,866.00, a current ratio of 92.19 and a debt-to-equity ratio of 26.00. The stock has a market capitalization of C$52.03 billion, a PE ratio of 17.79, a price-to-earnings-growth ratio of 1.33 and a beta of 0.73. The firm’s 50 day moving average price is C$86.29 and its 200-day moving average price is C$84.09. Sun Life Financial has a twelve month low of C$74.56 and a twelve month high of C$94.76.

Sun Life Financial (TSE:SLF) (NYSE:SLF) last announced its earnings results on Wednesday, February 11th. The financial services provider reported C$1.96 EPS for the quarter. Sun Life Financial had a net margin of 7.58% and a return on equity of 15.69%. Equities research analysts expect that Sun Life Financial will post 6.9230769 EPS for the current year.

Sun Life Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were paid a dividend of $0.92 per share. This is a boost from Sun Life Financial’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a $3.68 annualized dividend and a yield of 3.9%. Sun Life Financial’s dividend payout ratio is 65.15%.

Key Sun Life Financial News

Here are the key news stories impacting Sun Life Financial this week:

• Positive Sentiment: Q4 earnings beat and strong results — Sun Life reported C$1.96 EPS, a sizable year-over-year profit increase (~$722M) and strong Asia unit performance, which supports the upbeat investor reaction. Article Title Article Title
• Positive Sentiment: Jefferies raised its target from C$97 to C$103 (≈10.1% upside), signaling stronger analyst conviction on SLF’s outlook. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to C$100 and moved to “outperform,” another bullish vote that likely supported buying interest. Article Title
• Positive Sentiment: Desjardins increased its target to C$101 and set a “buy” rating — adds momentum to the bullish analyst narrative. Article Title Article Title
• Positive Sentiment: Scotiabank and RBC both raised targets (Scotia to C$96, RBC to C$95), keeping coverage upbeat across major Canadian dealers. Article Title
• Positive Sentiment: Dividend activity — Sun Life declared common and preferred-share dividends (preferred payable Q1 2026), which appeals to income-focused investors. Article Title Article Title
• Neutral Sentiment: Earnings call transcript and highlights are available for deeper read-through; watch management commentary for margin drivers and Asia growth details. Article Title Article Title
• Negative Sentiment: TD Securities trimmed its target from C$104 to C$102 (still a “buy”), a modest negative signal that some firms are tempering near-term upside. Article Title

Sun Life Financial Company Profile

Sun Life Financial is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm. Sun Life generates about a third of its profit from asset-management operations.