NYSE:MFC - Manulife Financial Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $27.75
  • Forecasted Upside: 43.41 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$19.35
▼ -0.09 (-0.46%)

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 $27.75
▲ +43.41% 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 $27.75, with a high forecast of $29.50 and a low forecast of $25.00. The average price target represents a 43.41% upside from the last price of $19.35.

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 contributing 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
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/31/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/30/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/28/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/26/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/25/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/25/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/24/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/23/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/13/2021Royal Bank of CanadaReiterated RatingOutperform ➝ Sector Perform$28.00Low
5/7/2021CIBCBoost Price TargetNeutral$26.00 ➝ $27.00Low
5/7/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$28.00Medium
4/30/2021Credit Suisse GroupBoost Price TargetOutperform$26.00 ➝ $28.00Low
4/29/2021ScotiabankBoost Price TargetSector Perform$25.00 ➝ $29.00Low
4/28/2021Canaccord GenuityBoost Price TargetBuy$28.50 ➝ $29.50Low
2/12/2021Credit Suisse GroupBoost Price TargetOutperform$25.00 ➝ $26.00Low
2/12/2021CIBCDowngradeOutperform ➝ NeutralLow
1/29/2021ScotiabankBoost Price 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 Price TargetOutperform$21.00 ➝ $23.00Low
8/6/2020Credit Suisse GroupReiterated RatingBuy$21.00Low
7/24/2020Canaccord GenuityReiterated RatingBuy$23.00Low
5/15/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$21.00Low
5/8/2020Canaccord GenuityLower Price TargetBuy$24.00 ➝ $22.00Medium
5/8/2020ScotiabankLower Price TargetOutperform$22.00 ➝ $21.00Medium
5/7/2020Credit Suisse GroupReiterated RatingHold$22.00High
5/7/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
4/27/2020ScotiabankLower Price TargetOutperform$32.00 ➝ $22.00High
4/9/2020BarclaysBoost Price TargetEqual Weight$15.00 ➝ $19.00Low
3/23/2020TD SecuritiesUpgradeBuyHigh
2/13/2020Canaccord GenuityReiterated RatingBuy$35.00High
2/7/2020Credit Suisse GroupInitiated CoverageNeutral$29.00Low
1/13/2020BarclaysBoost Price TargetOverweight$27.00 ➝ $32.00Low
12/11/2019CIBCReiterated RatingBuy$29.00Low
10/28/2019Canaccord GenuityBoost Price Target$32.00 ➝ $33.00Low
5/5/2019BarclaysReiterated RatingBuy$29.00Medium
1/10/2019BarclaysReiterated RatingBuyLow
11/13/2018ScotiabankReiterated RatingBuy ➝ Average$28.00Low
11/9/2018Canaccord GenuityReiterated RatingBuyLow
11/8/2018TD SecuritiesReiterated RatingBuyHigh
10/16/2018DesjardinsReiterated RatingBuyMedium
7/11/2018Morgan StanleyLower Price 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 Price TargetEqual Weight ➝ Equal Weight$28.00 ➝ $27.00Low
2/22/2018Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$29.00 ➝ $28.00Low
1/31/2018ScotiabankReiterated RatingBuy$31.00Low
1/24/2018National Bank FinancialUpgradeSector Perform ➝ OutperformLow
10/5/2017Morgan StanleyBoost Price TargetEqual Weight$26.00 ➝ $27.00N/A
5/3/2017National Bank FinancialReiterated RatingSector Perform OverweightLow
11/14/2016Credit Suisse GroupReiterated RatingOutperformN/A
11/11/2016Royal Bank of CanadaReiterated RatingOutperform$21.00 ➝ $26.00N/A
11/11/2016BMO Capital MarketsReiterated RatingBuyN/A
11/8/2016ScotiabankReiterated RatingOutperform$19.00 ➝ $22.00N/A
9/21/2016Dundee SecuritiesInitiated CoverageBuyN/A
8/24/2016Bank of AmericaInitiated CoverageBuyN/A
8/10/2016TD SecuritiesReiterated RatingHold$19.00N/A
8/10/2016ScotiabankReiterated RatingOutperform$20.00 ➝ $19.00N/A
8/5/2016BMO Capital MarketsSet Price TargetBuy$21.00N/A
8/4/2016MacquarieDowngradeOutperform ➝ NeutralN/A
8/4/2016CIBCDowngradeSector Outperform ➝ Sector PerformN/A
(Data available from 6/23/2016 forward)
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 and financial reinsurance, and fund management 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 incorporated in 1887 and is headquartered in Toronto, Canada.
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Today's Range

Now: $19.35
Low: $19.31
High: $19.53

50 Day Range

MA: $20.93
Low: $19.35
High: $22.16

52 Week Range

Now: $19.35
Low: $13.02
High: $22.25

Volume

1,884,845 shs

Average Volume

3,412,059 shs

Market Capitalization

$37.58 billion

P/E Ratio

9.58

Dividend Yield

2.16%

Beta

1.41

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: Canaccord Genuity, CIBC, Credit Suisse Group AG, Eight Capital, National Alliance Securities, Royal Bank of Canada, Scotiabank, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for MFC.

What is the current price target for Manulife Financial?

6 Wall Street analysts have set twelve-month price targets for Manulife Financial in the last year. Their average twelve-month price target is $27.75, suggesting a possible upside of 43.4%. Canaccord Genuity has the highest price target set, predicting MFC will reach $29.50 in the next twelve months. Eight Capital has the lowest price target set, forecasting a price of $25.00 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 4 hold ratings and 3 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.