The leading market experts have placed a mean price target of $34.34 on Sun Life Financial Inc. (NYSE:SLF) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.73 a share for the upcoming quarter and $2.85 for the current fiscal.
The technical analysis of Sun Life Financial Inc. Common plainly substantiates that the 50-day moving average of Sun Life Financial Inc. Common is $32.26, and stock is trading $-0.66 points away or -2.04% from its 50-day moving average of $32.26. Further it is trading $-0.97 or -2.99% away its 200-day moving average of $32.57. Sun Life Financial Inc. (NYSE:SLF) 52-week high is $35.46 and the 52-week low is $25.31.
This explains if the stock moves $-3.86, it will post a 52-week high. In event of +24.85% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Sun Life Financial Inc. Common , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Sun Life Financial Inc. (NYSE:SLF) ratio came in at 12.33.
The stock last ended the trading session at $31.60 and registered a market cap of $19.37B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Sun Life Financial Inc. (NYSE:SLF) PEG ratio is at 3.50.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...