Manulife Financial
(NYSE:MFC)
$26.14
0.41[1.59%]
At close: May 10
$26.14
0[0.00%]
After Hours: 6:11PM EDT
Q1 2024 Earnings were released on Wed May 8th, after the market close
The most recent conference call was at 8:00 AM, 2 days ago Click to view past webcast
Consensus Rating1
Neutral
Highest Price Target1
$35.00
Lowest Price Target1
$28.00
Consensus Price Target1
$19.20

Manulife Financial Stock (NYSE:MFC), Analyst Ratings, Price Targets, Predictions

Manulife Financial Corp has a consensus price target of $19.2, established from looking at the 5 latest analyst ratings. The last 3 analyst ratings were released from BMO Capital, Barclays, and RBC Capital on February 15, 2024, August 11, 2023, and February 17, 2023. With an average price target of $32 between BMO Capital, Barclays, and RBC Capital, there's an implied 22.42% upside for Manulife Financial Corp from these 3 analyst ratings.

Analyst Trend
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Feb
Buy
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Strong Sell
Analyst Rating
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BMO Capital
Barclays
RBC Capital
Scotiabank
Credit Suisse

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Manulife Financial

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FAQ

Q

What is the target price for Manulife Financial (MFC)?

A

The latest price target for Manulife Financial (NYSE: MFC) was reported by BMO Capital on February 15, 2024. The analyst firm set a price target for $35.00 expecting MFC to rise to within 12 months (a possible 33.89% upside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Manulife Financial (MFC)?

A

The latest analyst rating for Manulife Financial (NYSE: MFC) was provided by BMO Capital, and Manulife Financial upgraded their outperform rating.

Q

When was the last upgrade for Manulife Financial (MFC)?

A

The last upgrade for Manulife Financial Corp happened on February 15, 2024 when BMO Capital raised their price target to $35. BMO Capital previously had a market perform for Manulife Financial Corp.

Q

When was the last downgrade for Manulife Financial (MFC)?

A

The last downgrade for Manulife Financial Corp happened on August 10, 2021 when Credit Suisse changed their price target from N/A to N/A for Manulife Financial Corp.

Q

When is the next analyst rating going to be posted or updated for Manulife Financial (MFC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Manulife Financial, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Manulife Financial was filed on February 15, 2024 so you should expect the next rating to be made available sometime around February 15, 2025.

Q

Is the Analyst Rating Manulife Financial (MFC) correct?

A

While ratings are subjective and will change, the latest Manulife Financial (MFC) rating was a upgraded with a price target of $31.00 to $35.00. The current price Manulife Financial (MFC) is trading at is $26.14, which is out of the analyst’s predicted range.

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