Manulife Financial - MFC Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$28.65
  • Forecasted Upside: 12.18%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 0 Buy Ratings
  • 1 Strong Buy Ratings
▼ -0.01 (-0.04%)

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 C$28.65
▲ +12.18% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Manulife Financial in the last 3 months. The average price target is C$28.65, with a high forecast of C$35.00 and a low forecast of C$24.00. The average price target represents a 12.18% upside from the last price of C$25.54.

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 5 polled investment analysts is to hold stock in Manulife Financial. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/11/2023BarclaysBoost TargetC$31.00 ➝ C$33.00
8/11/2023CIBCBoost TargetC$27.00 ➝ C$28.00
8/11/2023CormarkLower TargetC$30.00 ➝ C$29.00
7/20/2023DesjardinsSet TargetHoldC$28.00
5/12/2023Royal Bank of CanadaBoost TargetC$28.00 ➝ C$30.00
5/11/2023TD SecuritiesBoost TargetC$34.00 ➝ C$35.00
2/27/2023BarclaysBoost TargetC$30.00 ➝ C$31.00
2/17/2023CSFBBoost TargetC$27.00 ➝ C$28.00
2/17/2023Royal Bank of CanadaBoost TargetSector PerformC$26.00 ➝ C$28.00
2/16/2023TD SecuritiesBoost TargetAction List BuyC$30.00 ➝ C$32.00
2/16/2023National BanksharesBoost TargetSector PerformC$26.00 ➝ C$27.00
2/2/2023CSFBBoost TargetC$25.00 ➝ C$27.00
1/25/2023National BanksharesBoost TargetSector PerformC$24.00 ➝ C$26.00
1/25/2023CIBCBoost TargetC$23.00 ➝ C$27.00
1/23/2023CormarkBoost TargetC$25.00 ➝ C$27.00
11/11/2022Canaccord Genuity GroupBoost TargetC$23.50 ➝ C$24.50
11/11/2022BarclaysLower TargetC$29.00 ➝ C$28.00
10/31/2022Evercore ISILower TargetHoldC$24.00
10/28/2022National BanksharesLower TargetC$25.00 ➝ C$24.00
10/12/2022BarclaysLower TargetC$30.00 ➝ C$29.00
8/12/2022CormarkBoost TargetC$24.00 ➝ C$25.00
7/27/2022ScotiabankUpgradeSector Perform ➝ Outperform
7/19/2022National BanksharesLower TargetSector PerformC$26.00 ➝ C$25.00
5/13/2022Royal Bank of CanadaLower TargetSector PerformC$29.00 ➝ C$26.00
5/13/2022BarclaysLower TargetOverweightC$34.00 ➝ C$33.00
5/13/2022Canaccord Genuity GroupDowngradeBuy ➝ HoldC$29.50 ➝ C$23.00
5/13/2022CIBCDowngradeBuy ➝ HoldC$25.00 ➝ C$23.00
5/13/2022ScotiabankLower TargetC$28.00 ➝ C$27.00
5/12/2022National BanksharesLower TargetSector PerformC$28.00 ➝ C$26.00
5/12/2022TD SecuritiesLower TargetAction List BuyC$37.00 ➝ C$34.00
5/12/2022BMO Capital MarketsInitiated CoverageHoldC$27.00
5/2/2022ScotiabankLower TargetC$30.00 ➝ C$28.00
4/12/2022BarclaysLower TargetOverweightC$36.00 ➝ C$34.00
2/11/2022BMO Capital MarketsBoost TargetC$35.00 ➝ C$37.00
2/11/2022Canaccord Genuity GroupBoost TargetC$30.50 ➝ C$31.50
2/11/2022ScotiabankBoost TargetC$29.00 ➝ C$30.00
2/3/2022BarclaysInitiated CoverageOverweightC$36.00
1/28/2022ScotiabankLower TargetC$30.00 ➝ C$29.00
1/12/2022Evercore ISIReiterated RatingSell
12/16/2021CIBCLower TargetNeutral ➝ UnderperformC$27.00 ➝ C$25.50
11/17/2021National BanksharesBoost TargetSector PerformC$27.00 ➝ C$28.00
11/17/2021Evercore ISIBoost TargetIn-LineC$29.50
11/16/2021TD SecuritiesBoost TargetAction List BuyC$36.00 ➝ C$37.00
11/16/2021CSFBBoost TargetC$26.00 ➝ C$28.00
11/16/2021EvercoreBoost TargetC$28.50 ➝ C$29.50
11/16/2021ScotiabankBoost TargetC$28.00 ➝ C$30.00
11/9/2021CSFBLower TargetC$27.00 ➝ C$26.00
11/5/2021CormarkLower TargetNAC$29.00 ➝ C$26.00
11/4/2021TD SecuritiesLower TargetAction List BuyC$37.00 ➝ C$36.00
10/20/2021TD SecuritiesBoost TargetC$37.00 ➝ C$39.00
8/10/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral
8/10/2021CSFBDowngradeOutperform ➝ Neutral
8/6/2021Royal Bank of CanadaBoost TargetSector PerformC$28.00 ➝ C$29.00
8/5/2021TD SecuritiesBoost TargetAction List BuyC$35.00 ➝ C$36.00
7/26/2021ScotiabankBoost TargetC$27.00 ➝ C$28.00
7/12/2021BarclaysBoost TargetNAC$38.50
6/30/2021CIBCReiterated RatingNeutralC$27.00
6/30/2021Royal Bank of CanadaReiterated RatingSector PerformC$28.00
5/12/2021Credit Suisse GroupLower TargetOutperformC$27.00
5/12/2021CSFBLower TargetC$28.00 ➝ C$27.00
5/7/2021ScotiabankLower TargetC$29.00 ➝ C$27.00
5/6/2021Evercore ISIBoost TargetNAC$31.50
5/6/2021EvercoreBoost TargetC$30.50 ➝ C$31.50
5/6/2021Royal Bank of CanadaReiterated RatingOutperform ➝ OutperformC$28.00
4/30/2021Credit Suisse GroupBoost TargetC$26.00 ➝ C$28.00
4/30/2021CSFBBoost TargetC$26.00 ➝ C$28.00
4/29/2021ScotiabankBoost TargetC$25.00 ➝ C$29.00
4/20/2021Royal Bank of CanadaReiterated RatingOutperformC$28.00
4/20/2021CIBCReiterated RatingNeutralC$26.00
4/16/2021BMO Capital MarketsBoost TargetOutperformC$30.00 ➝ C$33.00
3/3/2021Evercore ISIReiterated RatingNAC$25.00
3/3/2021EvercoreBoost TargetC$24.50 ➝ C$25.00
2/16/2021Credit Suisse GroupBoost TargetNAC$26.00
2/12/2021National Bank FinancialBoost TargetSector PerformC$25.00 ➝ C$27.00
2/12/2021CSFBBoost TargetC$25.00 ➝ C$26.00
2/12/2021CIBCReiterated RatingOutperform ➝ OutperformC$25.50 ➝ C$26.00
2/12/2021EvercoreBoost TargetC$24.50 ➝ C$25.00
2/11/2021Evercore ISIBoost TargetNAC$25.00
1/29/2021Credit Suisse GroupBoost TargetC$23.00 ➝ C$25.00
1/29/2021CSFBBoost TargetC$23.00 ➝ C$25.00
1/29/2021ScotiabankBoost TargetC$23.00 ➝ C$25.00
1/13/2021Evercore ISIBoost TargetC$19.50 ➝ C$24.50
1/13/2021EvercoreBoost TargetC$19.50 ➝ C$24.50
11/13/2020National Bank FinancialBoost TargetSector PerformC$21.00 ➝ C$22.00
11/12/2020Evercore ISIBoost TargetC$18.00 ➝ C$19.50
11/12/2020EvercoreBoost TargetC$18.00 ➝ C$19.50
8/20/2020Morgan StanleyBoost TargetC$19.00 ➝ C$20.00
8/7/2020National Bank FinancialBoost TargetSector PerformC$18.00 ➝ C$21.00
8/7/2020CSFBBoost TargetOutperformC$21.00 ➝ C$23.00
5/11/2020Eight CapitalLower TargetC$26.00 ➝ C$25.00
5/7/2020TD SecuritiesBoost TargetAction List BuyC$27.00 ➝ C$28.00
5/7/2020National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform OverweightC$18.00
3/30/2020National Bank FinancialLower TargetOutperformC$26.00 ➝ C$21.00
3/23/2020TD SecuritiesUpgradeBuy ➝ Action List BuyC$33.00 ➝ C$27.00
3/9/2020National Bank FinancialLower TargetC$30.00 ➝ C$26.00
2/14/2020Royal Bank of CanadaLower TargetOutperformC$33.00 ➝ C$32.00
2/7/2020Credit Suisse GroupReiterated RatingNeutralC$29.00
2/7/2020CSFBSet TargetNeutralC$29.00
1/29/2020National Bank FinancialBoost TargetOutperformC$28.00 ➝ C$30.00
11/27/2019BMO Capital MarketsBoost TargetC$33.00 ➝ C$34.00
11/8/2019National Bank FinancialBoost TargetOutperformC$26.00 ➝ C$28.00
11/8/2019BMO Capital MarketsBoost TargetC$32.00 ➝ C$33.00
11/8/2019CIBCBoost TargetC$27.00 ➝ C$29.00
11/8/2019DesjardinsBoost TargetC$29.00 ➝ C$31.00
11/7/2019TD SecuritiesBoost TargetBuyC$31.00 ➝ C$32.00
8/9/2019National Bank FinancialLower TargetOutperformC$27.00 ➝ C$26.00
8/9/2019CormarkBoost TargetC$30.00 ➝ C$31.00
8/9/2019Royal Bank of CanadaReiterated RatingOutperformC$30.00
8/8/2019Evercore ISILower TargetC$24.50 ➝ C$24.00
8/8/2019EvercoreLower TargetC$24.50 ➝ C$24.00
5/3/2019CIBCBoost TargetC$26.50 ➝ C$27.00
5/3/2019Morgan StanleyBoost TargetC$25.00 ➝ C$26.00
5/3/2019Eight CapitalBoost TargetC$28.00 ➝ C$30.00
4/29/2019National Bank FinancialBoost TargetOutperformC$25.00 ➝ C$26.00
4/26/2019Eight CapitalBoost TargetC$27.00 ➝ C$28.00
4/15/2019DesjardinsBoost TargetC$27.00 ➝ C$28.00
2/14/2019TD SecuritiesLower TargetBuyC$30.00 ➝ C$29.00
1/24/2019National Bank FinancialLower TargetOutperformC$27.00 ➝ C$25.00
11/9/2018BMO Capital MarketsLower TargetC$32.00 ➝ C$31.00
11/8/2018Evercore ISIReiterated RatingIn-LineC$26.00
11/8/2018TD SecuritiesBoost TargetC$29.00 ➝ C$30.00
11/8/2018EvercoreSet TargetIn-LineC$26.00
11/4/2018CIBCBoost TargetC$25.00 ➝ C$26.50
10/29/2018CIBCLower TargetC$30.00 ➝ C$25.00
10/16/2018DesjardinsLower TargetC$29.00 ➝ C$27.00
10/5/2018National Bank FinancialLower TargetOutperformC$30.00 ➝ C$27.00
(Data available from 9/24/2018 forward)

News Sentiment Rating

0.39 (Hold)

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
  • 12 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
  • 5 very positive mentions
  • 35 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
  • 5 very positive mentions
  • 38 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
  • 8 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
  • 3 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
  • 4 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Current Sentiment

  • 4 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 1 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 offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.
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Today's Range

Now: C$25.54
Low: C$25.48
High: C$25.67

50 Day Range

MA: C$25.51
Low: C$23.84
High: C$26.36

52 Week Range

Now: C$25.54
Low: C$20.81
High: C$27.50


2,499,212 shs

Average Volume

7,304,429 shs

Market Capitalization

C$46.48 billion

P/E Ratio


Dividend Yield




Frequently Asked Questions

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

The following Wall Street analysts have issued stock ratings on Manulife Financial in the last twelve months: Barclays PLC, Canaccord Genuity Group Inc., CIBC, Cormark, CSFB, Desjardins, Evercore ISI, National Bankshares, Inc., Royal Bank of Canada, and TD Securities.
View the latest analyst ratings for MFC.

What is the current price target for Manulife Financial?

10 Wall Street analysts have set twelve-month price targets for Manulife Financial in the last year. Their average twelve-month price target is C$28.65, suggesting a possible upside of 12.2%. TD Securities has the highest price target set, predicting MFC will reach C$35.00 in the next twelve months. Evercore ISI has the lowest price target set, forecasting a price of C$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 4 hold ratings and 1 strong buy rating 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 1-200 Bloor St E, TORONTO, ON M4W 1E5, Canada. The financial services provider's listed phone number is +1-416-9263427. The official website for Manulife Financial is Learn More about contacing Manulife Financial investor relations.