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Manulife Financial Corp has a consensus price target of $34 based on the ratings of 5 analysts. The high is $40 issued by TD Securities on June 28, 2024. The low is $28 issued by RBC Capital on February 17, 2023. The 3 most-recent analyst ratings were released by TD Securities, BMO Capital, and Barclays on June 28, 2024, February 15, 2024, and August 11, 2023, respectively. With an average price target of $36 between TD Securities, BMO Capital, and Barclays, there's an implied 21.21% upside for Manulife Financial Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Manulife Financial (NYSE:MFC) was reported by TD Securities on June 28, 2024. The analyst firm set a price target for $40.00 expecting MFC to rise to within 12 months (a possible 34.68% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Manulife Financial (NYSE:MFC) was provided by TD Securities, and Manulife Financial maintained their buy rating.
The last upgrade for Manulife Financial Corp happened on February 15, 2024 when BMO Capital raised their price target to $35. BMO Capital previously had a market perform for Manulife Financial Corp.
There is no last downgrade for Manulife Financial.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Manulife Financial, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Manulife Financial was filed on June 28, 2024 so you should expect the next rating to be made available sometime around June 28, 2025.
While ratings are subjective and will change, the latest Manulife Financial (MFC) rating was a maintained with a price target of $38.00 to $40.00. The current price Manulife Financial (MFC) is trading at is $29.70, which is out of the analyst’s predicted range.
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