Wall Street analysts are maintaining Buy rating on Sun Life Financial Inc. (NYSE:SLF) company shares. The one year target on the name currently stands at $33.05. The stock recently touched $29.81 and has moved in the range of $29.74 - 30.11 during the current session. Based on a recent bid this places the stock +17.78% away from the 52-week floor of $25.31 and -15.14% away from the 52-week ceiling of $35.13.
When stocks are given “Buy” ratings by analysts, the reasons or criteria for that recommendation can greatly vary. Typically when a stock is given this label, analysts are expecting that the stock will outperform their peers, their sector or the market over a 6 to 12 month time frame. Several factors might include near-term catalysts, future earnings growth. Many analysts only give a Buy recommendation when they expect that the stock will yield a return of at least 5-10% over the course of a year. Since analyst criteria and recommendation terminology can differ, we can look at consensus numbers to get a feel of overall analyst sentiment.
Chubb Corp (NYSE:CB) has been given a consensus Buy rating by analysts on Wall Street. According to Thomson Reuters' First Call, research brokers have a one year price target of $126.450 on the stock. The stock is currently trading +6.054% away from its 200-day moving average of $110.147. Based on a recent trade, shares of Chubb Corp are -2.540% away from the 52-week high of $119.860 and +21.682% away from the 52-week low of $96.000.
Analysts are estimating that the company will report earnings of $9.910 for the current year and $2.540 for next quarter. The stock closed the most recent trading session at $115.670.
Shares of CoreLogic, Inc. (NYSE:CLGX) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $42.72 price target and Buy rating according to the covering analysts. During today’s session the stock hit $35.54 or +0.85% from the previous close, while moving in the range of $35.45 - 35.91.
Shares of Harris Corporation (NYSE:HRS) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $96.56 price target according to the covering analysts. During today’s session the stock hit $75.18 or +1.34% from the previous close, while moving in the range of $75.81 - 76.38. This puts the stock -15.14% away from the 52-week high of $89.78 and +9.09% away from the 52-week low of $69.84.
Exact definitions of a “Buy” rating can greatly vary depending on the equity research firm. The consensus rating simply provides an average of those recommendations. It's important to note that a “Buy” rating does not mean that every investor should acquire the stock. It is just a single factor among many that should be considered before making an investment decision.
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