TSE:MFC - Manulife Financial Co. (MFC.TO) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$24.30
  • Forecasted Upside: 8.43 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
C$22.41
▲ +0.11 (0.49%)
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.
C$24.30
▲ +8.43% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Manulife Financial Co. (MFC.TO) in the last 3 months. The average price target is C$24.30, with a high forecast of C$32.00 and a low forecast of C$19.50. The average price target represents a 8.43% upside from the last price of C$22.41.
Buy
The current consensus among 5 polled investment analysts is to buy stock in Manulife Financial Co. (MFC.TO). This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 1 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/6/2019
  • 1 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/4/2019
  • 1 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/3/2019
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/2/2020
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/31/2020
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/29/2020
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/28/2020
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/27/2020

Latest Recommendations

  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
11/13/2020National Bank FinancialBoost Price TargetSector PerformC$21.00 ➝ C$22.00
i
11/13/2020Canaccord GenuityBoost Price TargetC$24.00 ➝ C$25.00
i
11/12/2020Evercore ISIBoost Price TargetC$18.00 ➝ C$19.50
i
11/12/2020EvercoreBoost Price TargetC$18.00 ➝ C$19.50
i
8/20/2020Morgan StanleyBoost Price TargetC$19.00 ➝ C$20.00
i
8/7/2020National Bank FinancialBoost Price TargetSector PerformC$18.00 ➝ C$21.00
i
Rating by G. Dechaine at National Bank Financial
8/7/2020CSFBBoost Price TargetOutperformC$21.00 ➝ C$23.00
i
7/24/2020Canaccord GenuityBoost Price TargetC$22.00 ➝ C$23.00
i
5/11/2020Eight CapitalLower Price TargetC$26.00 ➝ C$25.00
i
5/8/2020Canaccord GenuityLower Price TargetC$24.00 ➝ C$22.00
i
5/7/2020TD SecuritiesBoost Price TargetAction List BuyC$27.00 ➝ C$28.00
i
5/7/2020National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform OverweightC$18.00
i
Rating by G. Dechaine at National Bank Financial
3/30/2020National Bank FinancialLower Price TargetOutperformC$26.00 ➝ C$21.00
i
3/23/2020TD SecuritiesUpgradeBuy ➝ Action List BuyC$33.00 ➝ C$27.00
i
3/9/2020National Bank FinancialLower Price TargetC$30.00 ➝ C$26.00
i
2/14/2020Canaccord GenuityLower Price TargetC$35.00 ➝ C$33.00
i
2/14/2020Royal Bank of CanadaLower Price TargetOutperformC$33.00 ➝ C$32.00
i
2/7/2020Credit Suisse GroupReiterated RatingNeutralC$29.00
i
2/7/2020CSFBSet Price TargetNeutralC$29.00
i
1/29/2020National Bank FinancialBoost Price TargetOutperformC$28.00 ➝ C$30.00
i
11/27/2019BMO Capital MarketsBoost Price TargetC$33.00 ➝ C$34.00
i
11/8/2019National Bank FinancialBoost Price TargetOutperformC$26.00 ➝ C$28.00
i
11/8/2019BMO Capital MarketsBoost Price TargetC$32.00 ➝ C$33.00
i
11/8/2019Canaccord GenuityBoost Price TargetC$33.00 ➝ C$34.00
i
11/8/2019CIBCBoost Price TargetC$27.00 ➝ C$29.00
i
11/8/2019DesjardinsBoost Price TargetC$29.00 ➝ C$31.00
i
11/7/2019TD SecuritiesBoost Price TargetBuyC$31.00 ➝ C$32.00
i
8/9/2019National Bank FinancialLower Price TargetOutperformC$27.00 ➝ C$26.00
i
8/9/2019CormarkBoost Price TargetC$30.00 ➝ C$31.00
i
8/9/2019Royal Bank of CanadaReiterated RatingOutperformC$30.00
i
8/8/2019Evercore ISILower Price TargetC$24.50 ➝ C$24.00
i
8/8/2019EvercoreLower Price TargetC$24.50 ➝ C$24.00
i
5/3/2019CIBCBoost Price TargetC$26.50 ➝ C$27.00
i
5/3/2019Morgan StanleyBoost Price TargetC$25.00 ➝ C$26.00
i
5/3/2019Eight CapitalBoost Price TargetC$28.00 ➝ C$30.00
i
4/29/2019National Bank FinancialBoost Price TargetOutperformC$25.00 ➝ C$26.00
i
4/29/2019Canaccord GenuityBoost Price TargetC$30.00 ➝ C$31.00
i
4/26/2019Eight CapitalBoost Price TargetC$27.00 ➝ C$28.00
i
4/15/2019DesjardinsBoost Price TargetC$27.00 ➝ C$28.00
i
2/14/2019TD SecuritiesLower Price TargetBuyC$30.00 ➝ C$29.00
i
1/24/2019National Bank FinancialLower Price TargetOutperformC$27.00 ➝ C$25.00
i
11/9/2018BMO Capital MarketsLower Price TargetC$32.00 ➝ C$31.00
i
11/8/2018Evercore ISIReiterated RatingIn-LineC$26.00
i
11/8/2018TD SecuritiesBoost Price TargetC$29.00 ➝ C$30.00
i
11/8/2018EvercoreSet Price TargetIn-LineC$26.00
i
11/4/2018CIBCBoost Price TargetC$25.00 ➝ C$26.50
i
10/29/2018CIBCLower Price TargetC$30.00 ➝ C$25.00
i
10/16/2018DesjardinsLower Price TargetC$29.00 ➝ C$27.00
i
10/5/2018National Bank FinancialLower Price TargetOutperformC$30.00 ➝ C$27.00
i
8/9/2018National Bank FinancialLower Price TargetOutperformC$31.00 ➝ C$30.00
i
7/24/2018Canaccord GenuitySet Price TargetBuyC$29.00
i
5/4/2018ScotiabankBoost Price TargetOutperformC$29.00 ➝ C$30.00
i
5/4/2018CIBCUpgradeNeutral ➝ OutperformC$28.00 ➝ C$29.00
i
5/3/2018TD SecuritiesBoost Price TargetBuyC$28.00 ➝ C$29.00
i
4/12/2018TD SecuritiesUpgradeHold ➝ BuyC$28.00
i
4/12/2018DesjardinsLower Price TargetC$30.00 ➝ C$28.00
i
2/9/2018ScotiabankLower Price TargetOutperformC$31.00 ➝ C$30.00
i
2/8/2018TD SecuritiesLower Price TargetHoldC$30.00 ➝ C$28.00
i
1/24/2018National Bank FinancialUpgradeSector Perform ➝ OutperformC$30.00 ➝ C$31.00
i
Rating by G. Dechaine at National Bank Financial
1/11/2018BarclaysBoost Price TargetC$30.00 ➝ C$31.00
i
1/9/2018TD SecuritiesBoost Price TargetHoldC$28.00 ➝ C$30.00
i
12/27/2017National Bank FinancialBoost Price TargetSector PerformC$29.00 ➝ C$30.00
i
11/13/2017BarclaysBoost Price TargetC$29.00 ➝ C$30.00
i
11/13/2017DesjardinsBoost Price TargetC$28.00 ➝ C$30.00
i
11/10/2017ScotiabankBoost Price TargetOutperformC$31.00 ➝ C$32.00
i
11/10/2017Royal Bank of CanadaBoost Price TargetOutperformC$28.00 ➝ C$30.00
i
11/10/2017BMO Capital MarketsReiterated RatingOutperformC$31.00
i
11/9/2017National Bank FinancialBoost Price TargetSector PerformC$27.00 ➝ C$29.00
i
11/1/2017CSFBBoost Price TargetC$28.00 ➝ C$31.00
i
10/11/2017BMO Capital MarketsReiterated RatingOutperformC$30.00
i
8/11/2017Royal Bank of CanadaBoost Price TargetOutperformC$26.00 ➝ C$28.00
i
8/10/2017National Bank FinancialBoost Price TargetSector PerformC$26.00 ➝ C$27.00
i
Rating by G. Dechaine at National Bank Financial
7/12/2017BarclaysBoost Price TargetC$28.00 ➝ C$29.00
i
5/4/2017ScotiabankReiterated RatingOutperformC$28.00
i
5/4/2017TD SecuritiesBoost Price TargetHoldC$25.00 ➝ C$26.00
i
3/6/2017National Bank FinancialReiterated RatingSector Perform
i
Rating by G. Dechaine at National Bank Financial
2/10/2017ScotiabankReiterated RatingOutperformC$28.00
i
2/10/2017CIBCBoost Price TargetC$23.00 ➝ C$27.00
i
2/10/2017Dundee SecuritiesBoost Price TargetC$17.00 ➝ C$28.00
i
2/10/2017Royal Bank of CanadaReiterated RatingOutperformC$26.00
i
1/16/2017BMO Capital MarketsBoost Price TargetC$25.00 ➝ C$29.00
i
1/13/2017Canaccord GenuityBoost Price TargetC$21.00 ➝ C$26.00
i
1/12/2017BarclaysBoost Price TargetOverweightC$24.00 ➝ C$28.00
i
1/5/2017Morgan StanleyBoost Price TargetC$22.00 ➝ C$26.00
i
12/22/2016Dundee SecuritiesBoost Price TargetC$24.00 ➝ C$27.00
i
12/21/2016DesjardinsBoost Price TargetC$25.00 ➝ C$27.00
i
11/15/2016CSFBReiterated RatingOutperformC$21.00
i
11/11/2016TD SecuritiesBoost Price TargetHoldC$21.00 ➝ C$23.00
i
11/11/2016National Bank FinancialBoost Price TargetOutperformC$21.00 ➝ C$24.00
i
11/11/2016DesjardinsBoost Price TargetBuyC$22.00 ➝ C$25.00
i
11/11/2016CIBCBoost Price TargetC$19.00 ➝ C$23.00
i
11/11/2016Canaccord GenuityBoost Price TargetHoldC$19.00 ➝ C$21.00
i
11/11/2016BarclaysBoost Price TargetOverweightC$20.00 ➝ C$24.00
i
11/11/2016Royal Bank of CanadaBoost Price TargetOutperformC$21.00 ➝ C$26.00
i
11/8/2016ScotiabankBoost Price TargetOutperformC$19.00 ➝ C$22.00
i
10/13/2016BarclaysBoost Price TargetC$19.00 ➝ C$20.00
i
9/21/2016Dundee SecuritiesReiterated RatingBuyC$22.00
i
8/6/2016Royal Bank of CanadaLower Price TargetOutperformC$22.00 ➝ C$21.00
i
8/6/2016DesjardinsSet Price TargetBuyC$21.00
i
8/6/2016CSFBLower Price TargetC$22.00 ➝ C$21.00
i
8/6/2016CIBCDowngradeOutperform ➝ Sector PerformC$21.00 ➝ C$19.00
i
8/6/2016BMO Capital MarketsLower Price TargetC$24.00 ➝ C$21.00
i
8/6/2016BarclaysLower Price TargetOverweightC$20.00 ➝ C$19.00
i
8/5/2016TD SecuritiesReiterated RatingHoldC$19.00
i
8/5/2016ScotiabankLower Price TargetOutperformC$20.00 ➝ C$19.00
i
7/12/2016BarclaysLower Price TargetC$21.00 ➝ C$20.00
i
5/6/2016TD SecuritiesBoost Price TargetHoldC$18.50 ➝ C$19.00
i
4/27/2016CIBCBoost Price TargetC$20.00 ➝ C$21.00
i
4/27/2016Canaccord GenuityBoost Price TargetC$19.00
i
4/8/2016BarclaysLower Price TargetC$22.00 ➝ C$21.00
i
3/28/2016Credit Suisse GroupBoost Price TargetOutperformC$21.00 ➝ C$24.00
i
2/18/2016Royal Bank of CanadaLower Price TargetOutperformC$26.00 ➝ C$24.00
i
2/12/2016TD SecuritiesDowngradeBuy ➝ HoldC$23.00 ➝ C$18.50
i
2/12/2016ScotiabankLower Price TargetOutperformC$23.00 ➝ C$21.00
i
2/12/2016Royal Bank of CanadaLower Price TargetOutperformC$26.00 ➝ C$24.00
i
2/12/2016National Bank FinancialLower Price TargetOutperformC$23.00 ➝ C$21.00
i
2/12/2016BMO Capital MarketsLower Price TargetOutperformC$22.00
i
2/12/2016BarclaysLower Price TargetOverweightC$24.00 ➝ C$22.00
i
1/25/2016Canaccord GenuityLower Price TargetBuyC$25.00 ➝ C$22.00
i
1/13/2016CIBCLower Price TargetC$25.00 ➝ C$24.00
i
(Data available from 11/27/2015 forward)
Manulife Financial Co. (MFC.TO) 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.
Read More

Today's Range

Now: C$22.41
C$22.23
C$22.77

50 Day Range

MA: C$19.70
C$17.78
C$22.58

52 Week Range

Now: C$22.41
C$12.58
C$27.78

Volume

2,118,111 shs

Average Volume

7,619,758 shs

Market Capitalization

C$43.47 billion

P/E Ratio

8.46

Dividend Yield

5.02%

Beta

N/A