TD Securities upgraded Sun Life Financial (SLF) to Buy from Hold with a price target of C$101, up from C$89. The shares are trading at an attractive valuation versus the life insurance sector, the analyst tells investors in a research note. In addition, TD says Sun Life’s pricing increases should improve its profitability by the middle of 2026. The company’s pricing power and margin profile should remain intact over the long term, the firm contends.
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Read More on SLF:
- Sun Life Financial upgraded to Buy from Hold at TD Securities
- Sun Life Financial price target raised to $89 from $88 at Morgan Stanley
- Sun Life Appoints Tom Murphy as President of Asset Management, Unifying Global Operations
- Sun Life Financial to Issue $1 Billion in Debentures for Strategic Growth
- Sun Life Financial price target lowered to $65 from $70 at Argus
