Alert: Positive Investment/Fundamental Signals (12/4/23)-Sun Life Financial Inc (NYSE: SLF)


Sun Life Financial Inc (NYSE: SLF) has benefited from notable positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.

Recent meaningful positive changes in fundamentals have benefitted Sun Life Financial Inc (NYSE: SLF): the stock’s power rating rose above 70, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

SLF’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Sun Life Financial has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Sun Life Financial has a slightly negative Appreciation Score of 37 but a good Power Rating of 74, triggering the Neutral Value Trend Rating.

Recent Price Action

On 12/4/23, Sun Life Financial Inc (NYSE: SLF) stock rose modestly by 0.5%, closing at $51.24. However, trading volume in this advance was below average at 71% of normal. Relative to the market the stock has been strong over the last nine months but is unchanged during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.