blue-chip

One Large Cap Financial Services Stock to Punt on– SLF

Jul 11, 2022 | Team Kalkine
One Large Cap Financial Services Stock to Punt on– SLF

Section1: Company Overview

Sun Life Financial Inc. (TSX: SLF) is one of the leading life insurance companies in Canada, which provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. 

1.1 The Key Positives, Negatives, Investment Highlights and Risks

Section2:  Financial Highlights

2.1 Key Financial Highlights

Section 3:  Valuation Methodology and Stock Recommendation Summary

3.1 Valuation Methodology

  3.2 Price Performance and Stock Recommendation

3.3 One-Year Technical Price Chart

One-Year Technical Price Chart (as of July 08, 2022). Source: REFINITIV, Analysis by Kalkine Group Note: The reference data in this report has been partly sourced from REFINITIV

3.4 Technical Summary

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and the uptrend may take a pause due to profit booking or selling interest.

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.

Note1: The reference data in this report has been partly sourced from REFINITIV

Note2: Investment decisions should be made depending on the investor’s appetite for upside potential, risks, holding duration, and any previous holdings. Investors can consider exiting the stock if the Target Price mentioned as per a Valuation has been achieved and subject to the factors discussed above.


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