Sun Life Financial Inc T.SLF

Alternate Symbol(s): T.SLF.P.C | T.SLF.P.D | T.SLF.P.E | T.SLF.P.G | T.SLF.P.H | T.SLF.P.J | T.SLF.P.K | SNLFF | SLFIF | SUNFF | SLF | SNLIF

Financial Services Insurance - Diversified

Sun Life Financial Inc. is a Canada-based international financial services company, which offers asset management, wealth, insurance and health solutions to individual and institutional clients. Its segments include Canada, United States (U.S.), Asset Management, Asia, and Corporate. The Canada segment provides protection, health, asset management and wealth solutions. It also offers a premier health and wellness virtual care platform. The U.S. segment provides employee and government benefits in the United States. Its business units include group benefits, dental and in-force management. The Asset Management business group includes MFS and SLC Management. MFS is an asset manager offering a comprehensive selection of financial products and services. The Asia segment consists of two business units: Local Markets and International Hubs. It has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, India and others.

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Sun Life Financial Inc

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Post by retiredcfon Nov 05, 2021 11:18am

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Post# 34092049

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November 4, 2021 Earnings Update
SUN LIFE FINANCIAL INC.

New ROE Target Highlights Upside Potential
Our Conclusion

We are increasing our 2023E underlying EPS (+2%) and our price target (from $74 to $81) in response to the new ROE target of 16% plus. Our revised target multiple is 11x P/E versus 10x previously. We maintain our Outperformer rating based on our EPS growth outlook over the next two years, the expectation for ROE expansion and potential for multiple expansion.

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A junior copper-gold stock trading at a bargain of monumental proportions