Analyst Price Target is C$24.67
▲ +18.76% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for MCAN Mortgage in the last 3 months. The average price target is C$24.67, with a high forecast of C$27.00 and a low forecast of C$21.00. The average price target represents a 18.76% upside from the last price of C$20.77.
Current Consensus is
Moderate Buy
The current consensus among 3 investment analysts is to moderate buy stock in MCAN Mortgage. This rating has held steady since February 2026, when it changed from a Hold consensus rating.
MCAN Mortgage Corporation d/b/a MCAN Financial Group is a public company listed on the Toronto Stock Exchange under the symbol MKP and is a reporting issuer in all provinces and territories in Canada. MCAN also qualifies as a Mortgage Investment Corporation ("MIC") under the Income Tax Act (Canada). MCAN is the largest MIC in Canada and the only federally regulated MIC that issues term deposits eligible for Canada Deposit Insurance Corporation deposit insurance. MCAN's primary objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction, and commercial loans, as well as other types of securities, loans, and real estate investments. Reimagining opportunity to drive growth for Canadian communities.
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