05:45 AM EDT, 05/11/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target price by $5, to $75, valuing SLF shares at 12x our '27 adjusted EPS estimate of $6.22 (CAD8.50, lowered today from CAD8.65) and at 13x our '26 EPS estimate of $5.78 (CAD7.90, lowered from CAD7.95), vs. the three-year average forward multiple and the peer average of 11x. We lower our '26 operating revenue forecast to a rise of 2% to 5% (down from 5% to 9%), and see 3% to 6% revenue growth in '27. Q1 2026 underlying EPS of $1.89, up 4% Y/Y, matched the consensus but missed our $1.93 estimate. Results were impacted by $310M in one-time charges, including $165M for SLC Management acquisitions and the $145M legal settlement. Asia net income rose 17% Y/Y to $216M, due to strong Hong Kong sales momentum and 41% growth in individual insurance sales. Canada delivered solid 7% Y/Y growth in underlying net income to $370M, supported by higher fee income from AUM growth. Asset management results were mixed with underlying net income declining 7% Y/Y to $363M.