Sun Life Financial Inc (NYSE: SLF) has recently enjoyed extremely important positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.
Minimal positive changes in fundamentals have recently occurred for Sun Life Financial Inc (NYSE: SLF): 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 is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Sun Life Financial has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Sun Life Financial has a slightly positive Appreciation Score of 62 and a neutral Power Rating of 41, resulting in the Neutral Value Trend Rating.
Recent Price Action
Sun Life Financial Inc (NYSE: SLF) stock increased 1.7% on 8/21/24. The shares closed at $53.22. Moreover, unusually high trading volume at 160% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 5.4% during the last week.
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