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Manulife Financial

MFCNYSE
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$30.33
0.250.83%
At close: -
$29.70
-0.63-2.08%
After Hours: Dec 20, 9:12 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$40.00
Lowest Price Target1
$28.00
Consensus Price Target1
$34.00

Manulife Financial (NYSE:MFC) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Securities
BMO Capital
Barclays
RBC Capital

1calculated from analyst ratings

Analyst Ratings for Manulife Financial

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Manulife Financial (MFC) stock?

A

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.

Q

What is the most recent analyst rating for Manulife Financial (MFC)?

A

The latest analyst rating for Manulife Financial (NYSE:MFC) was provided by TD Securities, and Manulife Financial maintained their buy rating.

Q

When was the last upgrade for Manulife Financial (MFC)?

A

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.

Q

When was the last downgrade for Manulife Financial (MFC)?

A

There is no last downgrade for Manulife Financial.

Q

When is the next analyst rating going to be posted or updated for Manulife Financial (MFC)?

A

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.

Q

Is the Analyst Rating Manulife Financial (MFC) correct?

A

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.

Browse analyst ratings and price targets on all stocks.