NYSE:MFC - Manulife Financial Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $23.33
  • Forecasted Upside: 34.87 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$17.30
▲ +0.18 (1.05%)
1 month | 3 months | 12 months
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Analyst Price Target for MFC

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$23.33
▲ +34.87% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Manulife Financial in the last 3 months. The average price target is $23.33, with a high forecast of $29.00 and a low forecast of $19.00. The average price target represents a 34.87% upside from the last price of $17.30.
Buy
The current consensus among 8 contributing investment analysts is to buy stock in Manulife Financial. This rating has held steady since December 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/8/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/6/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/5/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/4/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/31/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/30/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/29/2020

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/13/2020ScotiabankDowngradeSector Outperform ➝ Sector PerformLow
i
9/4/2020Eight CapitalReiterated RatingBuy$25.00Low
i
8/7/2020Credit Suisse GroupBoost Price TargetOutperform$21.00 ➝ $23.00Low
i
Rating by Mike Rizvanovic at Credit Suisse Group AG
8/6/2020Credit Suisse GroupReiterated RatingBuy$21.00Low
i
Rating by Mike Rizvanovic at Credit Suisse Group AG
7/24/2020Canaccord GenuityReiterated RatingBuy$23.00Low
i
5/15/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$21.00Low
i
5/8/2020Canaccord GenuityLower Price TargetBuy$24.00 ➝ $22.00Medium
i
5/8/2020ScotiabankLower Price TargetOutperform$22.00 ➝ $21.00Medium
i
5/7/2020Credit Suisse GroupReiterated RatingHold$22.00High
i
5/7/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
i
Rating by G. Dechaine at National Bank Financial
4/27/2020ScotiabankLower Price TargetOutperform$32.00 ➝ $22.00High
i
4/9/2020BarclaysBoost Price TargetEqual Weight$15.00 ➝ $19.00Low
i
3/23/2020TD SecuritiesUpgradeBuyHigh
i
2/13/2020Canaccord GenuityReiterated RatingBuy$35.00High
i
2/7/2020Credit Suisse GroupInitiated CoverageNeutral$29.00Low
i
1/13/2020BarclaysBoost Price TargetOverweight$27.00 ➝ $32.00Low
i
12/11/2019CIBCReiterated RatingBuy$29.00Low
i
10/28/2019Canaccord GenuityBoost Price Target$32.00 ➝ $33.00Low
i
5/5/2019BarclaysReiterated RatingBuy$29.00Medium
i
Rating by John Aiken at Barclays PLC
1/10/2019BarclaysReiterated RatingBuyLow
i
Rating by John Aiken at Barclays PLC
11/13/2018ScotiabankReiterated RatingBuy ➝ Average$28.00Low
i
11/9/2018Canaccord GenuityReiterated RatingBuyLow
i
11/8/2018TD SecuritiesReiterated RatingBuyHigh
i
Rating by Mario Mendonca at TD Securities
10/16/2018DesjardinsReiterated RatingBuyMedium
i
7/11/2018Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$27.00 ➝ $26.00Medium
i
7/10/2018Evercore ISIInitiated CoverageIn-LineLow
i
5/3/2018CIBCUpgradeNeutral ➝ Sector OutperformMedium
i
4/12/2018TD SecuritiesUpgradeHold ➝ BuyLow
i
4/5/2018Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$28.00 ➝ $27.00Low
i
2/22/2018Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$29.00 ➝ $28.00Low
i
1/31/2018ScotiabankReiterated RatingBuy$31.00Low
i
1/24/2018National Bank FinancialUpgradeSector Perform ➝ OutperformLow
i
Rating by G. Dechaine at National Bank Financial
10/5/2017Morgan StanleyBoost Price TargetEqual Weight$26.00 ➝ $27.00N/A
i
5/3/2017National Bank FinancialReiterated RatingSector Perform OverweightLow
i
Rating by G. Dechaine at National Bank Financial
11/14/2016Credit Suisse GroupReiterated RatingOutperformN/A
i
11/11/2016Royal Bank of CanadaReiterated RatingOutperform$21.00 ➝ $26.00N/A
i
11/11/2016BMO Capital MarketsReiterated RatingBuyN/A
i
Rating by Tom Mackinnon at BMO Capital Markets
11/8/2016ScotiabankReiterated RatingOutperform$19.00 ➝ $22.00N/A
i
9/21/2016Dundee SecuritiesInitiated CoverageBuyN/A
i
8/24/2016Bank of AmericaInitiated CoverageBuyN/A
i
8/10/2016TD SecuritiesReiterated RatingHold$19.00N/A
i
8/10/2016ScotiabankReiterated RatingOutperform$20.00 ➝ $19.00N/A
i
8/5/2016BMO Capital MarketsSet Price TargetBuy$21.00N/A
i
Rating by Tom Mackinnon at BMO Capital Markets
8/4/2016MacquarieDowngradeOutperform ➝ NeutralN/A
i
8/4/2016CIBCDowngradeSector Outperform ➝ Sector PerformN/A
i
6/13/2016Canaccord GenuityReiterated RatingHoldN/A
i
Rating by Gabriel Dechaine at Canaccord Genuity
5/13/2016Canaccord GenuityReiterated RatingHoldN/A
i
Rating by Gabriel Dechaine at Canaccord Genuity
4/7/2016Canaccord GenuityReiterated RatingHoldN/A
i
Rating by Gabriel Dechaine at Canaccord Genuity
3/31/2016Credit Suisse GroupReiterated RatingOutperform$21.00 ➝ $24.00N/A
i
3/21/2016Canaccord GenuityReiterated RatingHoldN/A
i
Rating by Gabriel Dechaine at Canaccord Genuity
2/16/2016ScotiabankReiterated RatingOutperform$23.00 ➝ $21.00N/A
i
2/14/2016Royal Bank of CanadaReiterated RatingOutperform$26.00 ➝ $24.00N/A
i
2/14/2016National Bank FinancialReiterated RatingOutperform$23.00 ➝ $21.00N/A
i
2/14/2016BMO Capital MarketsReiterated RatingOutperform$22.00N/A
i
2/14/2016BarclaysReiterated RatingOverweight$24.00 ➝ $22.00N/A
i
2/11/2016Canaccord GenuityDowngradeBuy ➝ HoldN/A
i
Rating by Gabriel Dechaine at Canaccord Genuity
2/11/2016TD SecuritiesDowngradeBuy ➝ Hold$23.00 ➝ $18.50N/A
i
2/3/2016Canaccord GenuityReiterated RatingBuyN/A
i
Rating by Gabriel Dechaine at Canaccord Genuity
12/15/2015Canaccord GenuityReiterated RatingBuyN/A
i
Rating by Gabriel Dechaine at Canaccord Genuity
(Data available from 11/29/2015 forward)
Manulife Financial logo
Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, the United States, and internationally. The company offers individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. It also provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, financial advisors, pension plan consultants, and banks; and banking products, such as deposit and credit products to Canadian customers. In addition, the company is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. Further, it manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life and financial reinsurance, and mutual funds marketing businesses. Additionally, the company holds and manages oil and gas properties; holds oil and gas royalties, and foreign bonds and equities; and provides investment management, counseling, advisory, and dealer services. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada.
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Today's Range

Now: $17.30
$17.12
$17.53

50 Day Range

MA: $15.04
$13.34
$17.38

52 Week Range

Now: $17.30
$8.62
$21.23

Volume

1,352,671 shs

Average Volume

2,933,450 shs

Market Capitalization

$33.56 billion

P/E Ratio

11.85

Dividend Yield

4.91%

Beta

1.29