Manulife Financial - MFC Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $28.86
  • Forecasted Upside: 62.85 %
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$17.72
▲ +0.02 (0.11%)

This chart shows the closing price for MFC by one month, three months, or twelve months.

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Analyst Price Target for MFC

Analyst Price Target is $28.86
▲ +62.85% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Manulife Financial in the last 3 months. The average price target is $28.86, with a high forecast of $37.00 and a low forecast of $24.00. The average price target represents a 62.85% upside from the last price of $17.72.

This chart shows the closing price for MFC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 investment analysts is to hold stock in Manulife Financial. This rating has held steady since January 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/16/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 1 sell ratings
9/14/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings
12/13/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 1 sell ratings
3/13/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 1 sell ratings
6/11/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 1 sell ratings
9/9/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 1 sell ratings
11/8/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
12/8/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/28/2022National Bank FinancialLower TargetC$25.00 ➝ C$24.00Low
10/12/2022BarclaysLower TargetC$30.00 ➝ C$29.00Low
8/15/2022DesjardinsBoost TargetC$24.00 ➝ C$25.00Low
7/27/2022ScotiabankUpgradeSector Perform ➝ Sector OutperformLow
7/19/2022National Bank FinancialLower TargetC$26.00 ➝ C$25.00Low
5/13/2022Royal Bank of CanadaLower TargetC$29.00 ➝ C$26.00Low
5/13/2022ScotiabankLower TargetC$28.00 ➝ C$27.00Low
5/13/2022Canaccord Genuity GroupDowngradeBuy ➝ HoldMedium
5/13/2022Canaccord Genuity GroupDowngradeBuy ➝ HoldLow
5/13/2022DesjardinsDowngradeBuy ➝ HoldLow
5/12/2022National Bank FinancialLower TargetC$28.00 ➝ C$26.00Low
5/12/2022TD SecuritiesLower TargetC$37.00 ➝ C$34.00Low
5/12/2022BMO Capital MarketsDowngradeOutperform ➝ Market PerformHigh
5/2/2022ScotiabankLower TargetC$30.00 ➝ C$28.00Low
2/14/2022DesjardinsBoost TargetC$29.00 ➝ C$30.00Low
2/11/2022BMO Capital MarketsBoost TargetC$35.00 ➝ C$37.00Low
2/11/2022ScotiabankBoost TargetC$29.00 ➝ C$30.00Medium
2/3/2022BarclaysInitiated CoverageOverweight ➝ Overweight$36.00Low
1/28/2022ScotiabankLower TargetC$30.00 ➝ C$29.00Low
12/16/2021CIBCDowngradeNeutral ➝ Sector UnderperformHigh
11/17/2021National Bank FinancialBoost TargetSector PerformC$27.00 ➝ C$28.00Low
11/16/2021ScotiabankBoost TargetSector PerformC$28.00 ➝ C$30.00High
11/16/2021TD SecuritiesBoost TargetBuyC$36.00 ➝ C$37.00High
11/16/2021Credit Suisse GroupBoost TargetNeutralC$26.00 ➝ C$28.00High
11/4/2021TD SecuritiesLower TargetBuyC$37.00 ➝ C$36.00Low
8/10/2021Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
8/6/2021BMO Capital MarketsBoost TargetOutperformC$33.00 ➝ C$34.00Low
8/6/2021Royal Bank of CanadaBoost TargetSector Perform$28.00 ➝ $29.00N/A
8/5/2021TD SecuritiesBoost TargetBuyC$35.00 ➝ C$36.00Low
7/12/2021BarclaysUpgradeEqual Weight ➝ Overweight$30.00 ➝ $31.00Low
5/13/2021Royal Bank of CanadaReiterated RatingOutperform ➝ Sector Perform$28.00Low
5/7/2021CIBCBoost TargetNeutral$26.00 ➝ $27.00Low
5/7/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$28.00Medium
4/30/2021Credit Suisse GroupBoost TargetOutperform$26.00 ➝ $28.00Low
4/29/2021ScotiabankBoost TargetSector Perform$25.00 ➝ $29.00Low
2/12/2021Credit Suisse GroupBoost TargetOutperform$25.00 ➝ $26.00Low
2/12/2021CIBCDowngradeOutperform ➝ NeutralLow
1/29/2021ScotiabankBoost TargetSector Perform$23.00 ➝ $25.00Low
1/18/2021National Alliance SecuritiesReiterated RatingSector PerformN/A
11/13/2020ScotiabankDowngradeSector Outperform ➝ Sector PerformLow
9/4/2020Eight CapitalReiterated RatingBuy$25.00Low
8/7/2020Credit Suisse GroupBoost TargetOutperform$21.00 ➝ $23.00Low
8/6/2020Credit Suisse GroupReiterated RatingBuy$21.00Low
5/15/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$21.00Low
5/8/2020ScotiabankLower TargetOutperform$22.00 ➝ $21.00Medium
5/7/2020Credit Suisse GroupReiterated RatingHold$22.00High
5/7/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
4/27/2020ScotiabankLower TargetOutperform$32.00 ➝ $22.00High
4/9/2020BarclaysBoost TargetEqual Weight$15.00 ➝ $19.00Low
3/23/2020TD SecuritiesUpgradeBuyHigh
2/7/2020Credit Suisse GroupInitiated CoverageNeutral$29.00Low
1/13/2020BarclaysBoost TargetOverweight$27.00 ➝ $32.00Low
12/11/2019CIBCReiterated RatingBuy$29.00Low
5/5/2019BarclaysReiterated RatingBuy$29.00Medium
1/10/2019BarclaysReiterated RatingBuyLow
11/13/2018ScotiabankReiterated RatingBuy ➝ Average$28.00Low
11/8/2018TD SecuritiesReiterated RatingBuyHigh
10/16/2018DesjardinsReiterated RatingBuyMedium
7/11/2018Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$27.00 ➝ $26.00Medium
7/10/2018Evercore ISIInitiated CoverageIn-LineLow
5/3/2018CIBCUpgradeNeutral ➝ Sector OutperformMedium
4/12/2018TD SecuritiesUpgradeHold ➝ BuyLow
4/5/2018Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$28.00 ➝ $27.00Low
2/22/2018Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$29.00 ➝ $28.00Low
1/31/2018ScotiabankReiterated RatingBuy$31.00Low
1/24/2018National Bank FinancialUpgradeSector Perform ➝ OutperformLow
(Data available from 12/8/2017 forward)

News Sentiment Rating

0.67 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/12/2022
  • 6 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 2 very negative mentions
6/11/2022
  • 6 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
7/11/2022
  • 1 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/10/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/9/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
10/9/2022
  • 5 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/8/2022
  • 9 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/8/2022

Current Sentiment

  • 9 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Manulife Financial logo
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; And Corporate and Other segments. The Wealth and Asset Management Businesses segment 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, and financial advisors pension plan consultants and banks. The Insurance and Annuity Products segment offers deposit and credit products; 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. The Corporate and Other segment is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. It also manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life, annuity, long-term care, and financial reinsurance; and fund management businesses. Additionally, the company holds and manages provides investment management, counseling, advisory, and dealer services. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.
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Today's Range

Now: $17.72
Low: $17.63
High: $17.94

50 Day Range

MA: $16.78
Low: $15.36
High: $18.13

52 Week Range

Now: $17.72
Low: $14.92
High: $22.19

Volume

2,531,337 shs

Average Volume

4,014,820 shs

Market Capitalization

$33.38 billion

P/E Ratio

6.03

Dividend Yield

5.48%

Beta

1.15

Frequently Asked Questions

What sell-side analysts currently cover shares of Manulife Financial?

The following Wall Street sell-side analysts have issued reports on Manulife Financial in the last twelve months: Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Desjardins, National Bank Financial, Royal Bank of Canada, Scotiabank, StockNews.com, and TD Securities.
View the latest analyst ratings for MFC.

What is the current price target for Manulife Financial?

7 Wall Street analysts have set twelve-month price targets for Manulife Financial in the last year. Their average twelve-month price target is $28.86, suggesting a possible upside of 62.9%. BMO Capital Markets has the highest price target set, predicting MFC will reach $37.00 in the next twelve months. National Bank Financial has the lowest price target set, forecasting a price of $24.00 for Manulife Financial in the next year.
View the latest price targets for MFC.

What is the current consensus analyst rating for Manulife Financial?

Manulife Financial currently has 1 sell rating, 4 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MFC, but not buy more shares or sell existing shares.
View the latest ratings for MFC.

What other companies compete with Manulife Financial?

How do I contact Manulife Financial's investor relations team?

Manulife Financial's physical mailing address is 200 BLOOR ST EAST NT-10, TORONTO A6, M4W1E5. The financial services provider's listed phone number is (416) 926-3000 and its investor relations email address is [email protected] The official website for Manulife Financial is www.manulife.com. Learn More about contacing Manulife Financial investor relations.