Sun Life Financial, Inc. [SLF] is 5.48% higher this YTD. Is it still time to buy?

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Sun Life Financial, Inc. [NYSE: SLF] price surged by 0.26 percent to reach at $0.14.

The one-year SLF stock forecast points to a potential upside of 3.1. The average equity rating for SLF stock is currently 1.75, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Sun Life Financial, Inc. [SLF]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SLF shares is $56.45 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SLF stock is a recommendation set at 1.75. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Sun Life Financial, Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 22, 2024. The new note on the price target was released on May 15, 2023, representing the official price target for Sun Life Financial, Inc. stock.

The Average True Range (ATR) for Sun Life Financial, Inc. is set at 0.80, with the Price to Sales ratio for SLF stock in the period of the last 12 months amounting to 0.97. The Price to Book ratio for the last quarter was 1.99. Price to Free Cash Flow for SLF in the course of the last twelve months was 3.92.

SLF Stock Performance Analysis:

Sun Life Financial, Inc. [SLF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.49. With this latest performance, SLF shares gained by 10.39% in over the last four-week period, additionally plugging by 1.54% over the last 6 months – not to mention a rise of 15.11% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SLF stock in for the last two-week period is set at 76.54, with the RSI for the last a single of trading hit 83.73, and the three-weeks RSI is set at 70.95 for Sun Life Financial, Inc. [SLF]. The present Moving Average for the last 50 days of trading for this stock 49.87, while it was recorded at 54.06 for the last single week of trading, and 51.28 for the last 200 days.

SLF Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SLF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sun Life Financial, Inc. go to 4.02%.

Sun Life Financial, Inc. [SLF] Institutonal Ownership Details

There are presently around $56.28%, or 56.30%% of SLF stock, in the hands of institutional investors. The top three institutional holders of SLF stocks are: ROYAL BANK OF CANADA with ownership of 40.46 million shares, which is approximately 6.9272%. VANGUARD GROUP INC, holding 23.63 million shares of the stock with an approximate value of $$1.16 billion in SLF stocks shares; and VANGUARD GROUP INC, currently with $$788.55 million in SLF stock with ownership which is approximately 2.7544%.