Shares of Sun Life Financial Inc. (SLF) Rise Above Previous 52-Week High

Sun Life Financial Inc. (NYSE:SLF) traded today at a new 52-week high of $56.34. So far today approximately 54,000 shares have been exchanged, as compared to an average 30-day volume of 552,000 shares.

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 $56.31, Sun Life Financial Inc. is currently 30.0% above its average consensus analyst price target of $39.41.

In the past 52 weeks, shares of Sun Life Financial Inc. have traded between a low of $38.53 and a high of $56.34 and is now at $56.31, which is 46% above that low price.

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