Sun Life Financial Inc. (NYSE:SLF) traded today at a new 52-week high of $57.93. This new high was reached on approximately average trading volume as 754,000 shares traded hands, while the average 30-day volume is approximately 628,000 shares.
In the past 52 weeks, shares of Sun Life Financial Inc. have traded between a low of $38.53 and a high of $57.93 and is now at $57.05, which is 48% above that low price.
Sun Life Financial Inc is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm. Sun Life generates about a third of its profit from asset-management operations.
Based on a current price of $57.05, Sun Life Financial Inc. is currently 30.4% above its average consensus analyst price target of $39.73.
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