TSE:MFC - Manulife Financial Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$27.86
  • Forecasted Upside: 16.58 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$23.90
▼ -0.2 (-0.83%)

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$27.86
▲ +16.58% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Manulife Financial in the last 3 months. The average price target is C$27.86, with a high forecast of C$33.00 and a low forecast of C$20.00. The average price target represents a 16.58% upside from the last price of C$23.90.

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 Buy

The current consensus among 6 contributing investment analysts is to buy stock in Manulife Financial. This Buy 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
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/30/2019
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/29/2020
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/27/2020
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/25/2020
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/24/2020
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/24/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/23/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/22/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/12/2021Credit Suisse GroupLower Price TargetOutperformC$27.00
5/12/2021CSFBLower Price TargetC$28.00 ➝ C$27.00
5/7/2021ScotiabankLower Price TargetC$29.00 ➝ C$27.00
5/6/2021Evercore ISIBoost Price TargetNAC$31.50
5/6/2021EvercoreBoost Price TargetC$30.50 ➝ C$31.50
5/6/2021Royal Bank of CanadaReiterated RatingOutperform ➝ OutperformC$28.00
4/30/2021Credit Suisse GroupBoost Price TargetC$26.00 ➝ C$28.00
4/30/2021CSFBBoost Price TargetC$26.00 ➝ C$28.00
4/29/2021ScotiabankBoost Price 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 Price TargetOutperformC$30.00 ➝ C$33.00
3/3/2021Evercore ISIReiterated RatingNAC$25.00
3/3/2021EvercoreBoost Price TargetC$24.50 ➝ C$25.00
2/16/2021Credit Suisse GroupBoost Price TargetNAC$26.00
2/12/2021National Bank FinancialBoost Price TargetSector PerformC$25.00 ➝ C$27.00
2/12/2021CSFBBoost Price TargetC$25.00 ➝ C$26.00
2/12/2021CIBCReiterated RatingOutperform ➝ OutperformC$25.50 ➝ C$26.00
2/12/2021EvercoreBoost Price TargetC$24.50 ➝ C$25.00
2/11/2021Evercore ISIBoost Price TargetNAC$25.00
2/1/2021Canaccord GenuityBoost Price TargetC$28.00 ➝ C$28.50
1/29/2021Credit Suisse GroupBoost Price TargetC$23.00 ➝ C$25.00
1/29/2021CSFBBoost Price TargetC$23.00 ➝ C$25.00
1/29/2021ScotiabankBoost Price TargetC$23.00 ➝ C$25.00
1/13/2021Evercore ISIBoost Price TargetC$19.50 ➝ C$24.50
1/13/2021EvercoreBoost Price TargetC$19.50 ➝ C$24.50
11/13/2020National Bank FinancialBoost Price TargetSector PerformC$21.00 ➝ C$22.00
11/13/2020Canaccord GenuityBoost Price TargetC$24.00 ➝ C$25.00
11/12/2020Evercore ISIBoost Price TargetC$18.00 ➝ C$19.50
11/12/2020EvercoreBoost Price TargetC$18.00 ➝ C$19.50
8/20/2020Morgan StanleyBoost Price TargetC$19.00 ➝ C$20.00
8/7/2020National Bank FinancialBoost Price TargetSector PerformC$18.00 ➝ C$21.00
8/7/2020CSFBBoost Price TargetOutperformC$21.00 ➝ C$23.00
7/24/2020Canaccord GenuityBoost Price TargetC$22.00 ➝ C$23.00
5/11/2020Eight CapitalLower Price TargetC$26.00 ➝ C$25.00
5/8/2020Canaccord GenuityLower Price TargetC$24.00 ➝ C$22.00
5/7/2020TD SecuritiesBoost Price TargetAction List BuyC$27.00 ➝ C$28.00
5/7/2020National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform OverweightC$18.00
3/30/2020National Bank FinancialLower Price TargetOutperformC$26.00 ➝ C$21.00
3/23/2020TD SecuritiesUpgradeBuy ➝ Action List BuyC$33.00 ➝ C$27.00
3/9/2020National Bank FinancialLower Price TargetC$30.00 ➝ C$26.00
2/14/2020Canaccord GenuityLower Price TargetC$35.00 ➝ C$33.00
2/14/2020Royal Bank of CanadaLower Price TargetOutperformC$33.00 ➝ C$32.00
2/7/2020Credit Suisse GroupReiterated RatingNeutralC$29.00
2/7/2020CSFBSet Price TargetNeutralC$29.00
1/29/2020National Bank FinancialBoost Price TargetOutperformC$28.00 ➝ C$30.00
11/27/2019BMO Capital MarketsBoost Price TargetC$33.00 ➝ C$34.00
11/8/2019National Bank FinancialBoost Price TargetOutperformC$26.00 ➝ C$28.00
11/8/2019BMO Capital MarketsBoost Price TargetC$32.00 ➝ C$33.00
11/8/2019Canaccord GenuityBoost Price TargetC$33.00 ➝ C$34.00
11/8/2019CIBCBoost Price TargetC$27.00 ➝ C$29.00
11/8/2019DesjardinsBoost Price TargetC$29.00 ➝ C$31.00
11/7/2019TD SecuritiesBoost Price TargetBuyC$31.00 ➝ C$32.00
8/9/2019National Bank FinancialLower Price TargetOutperformC$27.00 ➝ C$26.00
8/9/2019CormarkBoost Price TargetC$30.00 ➝ C$31.00
8/9/2019Royal Bank of CanadaReiterated RatingOutperformC$30.00
8/8/2019Evercore ISILower Price TargetC$24.50 ➝ C$24.00
8/8/2019EvercoreLower Price TargetC$24.50 ➝ C$24.00
5/3/2019CIBCBoost Price TargetC$26.50 ➝ C$27.00
5/3/2019Morgan StanleyBoost Price TargetC$25.00 ➝ C$26.00
5/3/2019Eight CapitalBoost Price TargetC$28.00 ➝ C$30.00
4/29/2019National Bank FinancialBoost Price TargetOutperformC$25.00 ➝ C$26.00
4/29/2019Canaccord GenuityBoost Price TargetC$30.00 ➝ C$31.00
4/26/2019Eight CapitalBoost Price TargetC$27.00 ➝ C$28.00
4/15/2019DesjardinsBoost Price TargetC$27.00 ➝ C$28.00
2/14/2019TD SecuritiesLower Price TargetBuyC$30.00 ➝ C$29.00
1/24/2019National Bank FinancialLower Price TargetOutperformC$27.00 ➝ C$25.00
11/9/2018BMO Capital MarketsLower Price TargetC$32.00 ➝ C$31.00
11/8/2018Evercore ISIReiterated RatingIn-LineC$26.00
11/8/2018TD SecuritiesBoost Price TargetC$29.00 ➝ C$30.00
11/8/2018EvercoreSet Price TargetIn-LineC$26.00
11/4/2018CIBCBoost Price TargetC$25.00 ➝ C$26.50
10/29/2018CIBCLower Price TargetC$30.00 ➝ C$25.00
10/16/2018DesjardinsLower Price TargetC$29.00 ➝ C$27.00
10/5/2018National Bank FinancialLower Price TargetOutperformC$30.00 ➝ C$27.00
8/9/2018National Bank FinancialLower Price TargetOutperformC$31.00 ➝ C$30.00
7/24/2018Canaccord GenuitySet Price TargetBuyC$29.00
5/4/2018ScotiabankBoost Price TargetOutperformC$29.00 ➝ C$30.00
5/4/2018CIBCUpgradeNeutral ➝ OutperformC$28.00 ➝ C$29.00
5/3/2018TD SecuritiesBoost Price TargetBuyC$28.00 ➝ C$29.00
4/12/2018TD SecuritiesUpgradeHold ➝ BuyC$28.00
4/12/2018DesjardinsLower Price TargetC$30.00 ➝ C$28.00
2/9/2018ScotiabankLower Price TargetOutperformC$31.00 ➝ C$30.00
2/8/2018TD SecuritiesLower Price TargetHoldC$30.00 ➝ C$28.00
1/24/2018National Bank FinancialUpgradeSector Perform ➝ OutperformC$30.00 ➝ C$31.00
1/11/2018BarclaysBoost Price TargetC$30.00 ➝ C$31.00
1/9/2018TD SecuritiesBoost Price TargetHoldC$28.00 ➝ C$30.00
12/27/2017National Bank FinancialBoost Price TargetSector PerformC$29.00 ➝ C$30.00
11/13/2017BarclaysBoost Price TargetC$29.00 ➝ C$30.00
11/13/2017DesjardinsBoost Price TargetC$28.00 ➝ C$30.00
11/10/2017ScotiabankBoost Price TargetOutperformC$31.00 ➝ C$32.00
11/10/2017Royal Bank of CanadaBoost Price TargetOutperformC$28.00 ➝ C$30.00
11/10/2017BMO Capital MarketsReiterated RatingOutperformC$31.00
11/9/2017National Bank FinancialBoost Price TargetSector PerformC$27.00 ➝ C$29.00
11/1/2017CSFBBoost Price TargetC$28.00 ➝ C$31.00
10/11/2017BMO Capital MarketsReiterated RatingOutperformC$30.00
8/11/2017Royal Bank of CanadaBoost Price TargetOutperformC$26.00 ➝ C$28.00
8/10/2017National Bank FinancialBoost Price TargetSector PerformC$26.00 ➝ C$27.00
7/12/2017BarclaysBoost Price TargetC$28.00 ➝ C$29.00
5/4/2017ScotiabankReiterated RatingOutperformC$28.00
5/4/2017TD SecuritiesBoost Price TargetHoldC$25.00 ➝ C$26.00
3/6/2017National Bank FinancialReiterated RatingSector Perform
2/10/2017ScotiabankReiterated RatingOutperformC$28.00
2/10/2017CIBCBoost Price TargetC$23.00 ➝ C$27.00
2/10/2017Dundee SecuritiesBoost Price TargetC$17.00 ➝ C$28.00
2/10/2017Royal Bank of CanadaReiterated RatingOutperformC$26.00
1/16/2017BMO Capital MarketsBoost Price TargetC$25.00 ➝ C$29.00
1/13/2017Canaccord GenuityBoost Price TargetC$21.00 ➝ C$26.00
1/12/2017BarclaysBoost Price TargetOverweightC$24.00 ➝ C$28.00
1/5/2017Morgan StanleyBoost Price TargetC$22.00 ➝ C$26.00
12/22/2016Dundee SecuritiesBoost Price TargetC$24.00 ➝ C$27.00
12/21/2016DesjardinsBoost Price TargetC$25.00 ➝ C$27.00
11/15/2016CSFBReiterated RatingOutperformC$21.00
11/11/2016TD SecuritiesBoost Price TargetHoldC$21.00 ➝ C$23.00
11/11/2016National Bank FinancialBoost Price TargetOutperformC$21.00 ➝ C$24.00
11/11/2016DesjardinsBoost Price TargetBuyC$22.00 ➝ C$25.00
11/11/2016CIBCBoost Price TargetC$19.00 ➝ C$23.00
11/11/2016Canaccord GenuityBoost Price TargetHoldC$19.00 ➝ C$21.00
11/11/2016BarclaysBoost Price TargetOverweightC$20.00 ➝ C$24.00
11/11/2016Royal Bank of CanadaBoost Price TargetOutperformC$21.00 ➝ C$26.00
11/8/2016ScotiabankBoost Price TargetOutperformC$19.00 ➝ C$22.00
10/13/2016BarclaysBoost Price TargetC$19.00 ➝ C$20.00
9/21/2016Dundee SecuritiesReiterated RatingBuyC$22.00
8/6/2016Royal Bank of CanadaLower Price TargetOutperformC$22.00 ➝ C$21.00
8/6/2016DesjardinsSet Price TargetBuyC$21.00
8/6/2016CSFBLower Price TargetC$22.00 ➝ C$21.00
8/6/2016CIBCDowngradeOutperform ➝ Sector PerformC$21.00 ➝ C$19.00
8/6/2016BMO Capital MarketsLower Price TargetC$24.00 ➝ C$21.00
8/6/2016BarclaysLower Price TargetOverweightC$20.00 ➝ C$19.00
8/5/2016TD SecuritiesReiterated RatingHoldC$19.00
8/5/2016ScotiabankLower Price TargetOutperformC$20.00 ➝ C$19.00
7/12/2016BarclaysLower Price TargetC$21.00 ➝ C$20.00
(Data available from 6/22/2016 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: C$23.90
Low: C$23.83
High: C$24.16

50 Day Range

MA: C$25.64
Low: C$23.90
High: C$27.19

52 Week Range

Now: C$23.90
Low: C$17.58
High: C$27.68

Volume

4,664,382 shs

Average Volume

7,899,704 shs

Market Capitalization

C$46.41 billion

P/E Ratio

8.95

Dividend Yield

4.65%

Beta

N/A

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: BMO Capital Markets, Canaccord Genuity, CIBC, Credit Suisse Group AG, CSFB, Evercore Inc., Evercore ISI, Morgan Stanley, National Bank Financial, Royal Bank of Canada, and Scotiabank.
View the latest analyst ratings for MFC.

What is the current price target for Manulife Financial?

11 Wall Street analysts have set twelve-month price targets for Manulife Financial in the last year. Their average twelve-month price target is C$27.86, suggesting a possible upside of 15.6%. BMO Capital Markets has the highest price target set, predicting MFC will reach C$33.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of C$20.00 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 2 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MFC will outperform the market and that investors should add to their positions of Manulife Financial.
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 www.manulife.com.