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Manulife Financial - MFC Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$39.64
  • Forecasted Upside: -5.02%
  • Number of Analysts: 13
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 8 Buy Ratings
  • 1 Strong Buy Ratings
C$41.73 As of 10/30/2024 03:54 PM ET
▼ -0.16 (-0.38%)

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$39.64
▼ -5.02% Downside Potential
This price target is based on 13 analysts offering 12 month price targets for Manulife Financial in the last 3 months. The average price target is C$39.64, with a high forecast of C$47.00 and a low forecast of C$36.00. The average price target represents a -5.02% upside from the last price of C$41.73.

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 Moderate Buy

The current consensus among 13 investment analysts is to moderate buy stock in Manulife Financial. This Moderate 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
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
5/9/2023
  • 1 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
8/7/2023
  • 1 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
11/5/2023
  • 1 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
2/3/2024
  • 1 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
5/3/2024
  • 1 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
8/1/2024
  • 1 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
9/30/2024
  • 1 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/30/2024

Latest Recommendations

  • 1 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/30/2024CIBCBoost TargetNeutralC$36.00 ➝ C$42.00
10/30/2024ScotiabankBoost TargetOutperformC$41.00 ➝ C$48.00
10/16/2024Jefferies Financial GroupBoost TargetBuyC$42.00 ➝ C$47.00
9/5/2024BarclaysSet TargetEqual WeightC$39.00
8/9/2024Royal Bank of CanadaBoost TargetC$38.00 ➝ C$39.00
8/9/2024ScotiabankBoost TargetC$40.00 ➝ C$41.00
8/8/2024Dbs BankUpgradeStrong-Buy
7/31/2024National BanksharesBoost TargetOutperformC$38.00 ➝ C$43.00
7/18/2024Jefferies Financial GroupLower TargetC$43.00 ➝ C$42.00
7/12/2024TD SecuritiesBoost TargetC$40.00 ➝ C$41.00
6/28/2024TD SecuritiesBoost TargetBuyC$38.00 ➝ C$40.00
5/10/2024BMO Capital MarketsBoost TargetC$40.00 ➝ C$41.00
5/10/2024CIBCBoost TargetC$34.00 ➝ C$36.00
5/10/2024EvercoreBoost TargetC$36.00 ➝ C$37.00
5/9/2024TD SecuritiesBoost TargetBuyC$37.00 ➝ C$38.00
5/9/2024National BanksharesUpgradeSector Perform ➝ OutperformC$34.00 ➝ C$38.00
5/8/2024National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market Weight
4/26/2024National BanksharesBoost TargetSector PerformC$33.00 ➝ C$34.00
4/8/2024BMO Capital MarketsBoost TargetC$35.00 ➝ C$40.00
2/21/2024TD SecuritiesDowngradeAction List Buy ➝ BuyC$35.00 ➝ C$37.00
2/20/2024EvercoreBoost TargetC$30.00 ➝ C$36.00
2/16/2024Royal Bank of CanadaBoost TargetOutperformC$34.00 ➝ C$38.00
2/16/2024CIBCBoost TargetNeutralC$30.00 ➝ C$34.00
2/16/2024CormarkUpgradeMarket Perform ➝ BuyC$33.00 ➝ C$36.00
2/16/2024ScotiabankBoost TargetOutperformC$35.00 ➝ C$40.00
2/16/2024DesjardinsUpgradeHold ➝ BuyC$29.00 ➝ C$36.00
2/16/2024Veritas Investment ResearchReiterated RatingReduce
2/15/2024BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$31.00 ➝ C$35.00
2/15/2024National BanksharesBoost TargetSector PerformC$29.00 ➝ C$33.00
2/15/2024TD SecuritiesBoost TargetAction List BuyC$34.00 ➝ C$35.00
2/6/2024ScotiabankBoost TargetOutperformC$30.00 ➝ C$35.00
1/31/2024CIBCUpgradeUnderperform ➝ NeutralC$28.00 ➝ C$30.00
1/25/2024BMO Capital MarketsBoost TargetMarket PerformC$29.00 ➝ C$31.00
1/23/2024National BanksharesBoost TargetSector PerformC$28.00 ➝ C$29.00
1/23/2024EvercoreBoost TargetIn-LineC$26.00 ➝ C$30.00
1/4/2024EvercoreBoost TargetC$26.00 ➝ C$30.00
12/12/2023CormarkBoost TargetMarket PerformC$29.00 ➝ C$31.00
12/12/2023National BanksharesBoost TargetSector PerformC$27.00 ➝ C$28.00
12/12/2023DesjardinsBoost TargetHoldC$27.00 ➝ C$29.00
12/12/2023Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$32.00 ➝ C$34.00
11/10/2023Royal Bank of CanadaBoost TargetSector PerformC$30.00 ➝ C$32.00
11/10/2023CormarkBoost TargetC$28.00 ➝ C$29.00
11/9/2023TD SecuritiesBoost TargetAction List BuyC$32.00 ➝ C$33.00
11/3/2023ScotiabankLower TargetOutperformC$32.00 ➝ C$30.00
10/12/2023DesjardinsLower TargetHoldC$28.00 ➝ C$27.00
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
5/13/2022DesjardinsDowngradeHold
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
(Data available from 10/30/2019 forward)

News Sentiment Rating

0.38 (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
  • 1 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2024
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
5/3/2024
  • 9 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2024
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/2/2024
  • 3 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/1/2024
  • 9 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/31/2024
  • 3 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/30/2024
  • 3 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/30/2024

Current Sentiment

  • 3 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Manulife Financial logo
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, 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 the 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. In addition, it provides integrated banking products and services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: C$41.73
Low: C$41.58
High: C$42.10

50 Day Range

MA: C$39.18
Low: C$35.49
High: C$42.18

52 Week Range

Now: C$41.73
Low: C$24.04
High: C$42.52

Volume

1,124,013 shs

Average Volume

6,361,367 shs

Market Capitalization

C$73.86 billion

P/E Ratio

17.76

Dividend Yield

3.83%

Beta

1.06

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, BMO Capital Markets, CIBC, Cormark, Dbs Bank, Desjardins, Evercore Inc., Jefferies Financial Group Inc., National Bank Financial, National Bankshares, Inc., Royal Bank of Canada, Scotiabank, TD Securities, and Veritas Investment Research.
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$39.64, suggesting a possible downside of 5.3%. Jefferies Financial Group Inc. has the highest price target set, predicting MFC will reach C$47.00 in the next twelve months. CIBC has the lowest price target set, forecasting a price of C$36.00 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 1 sell rating, 3 hold ratings, 8 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MFC.

What other companies compete with Manulife Financial?

Other companies that are similar to Manulife Financial include Loblaw Companies, Sun Life Financial, Great-West Lifeco, Perseus Mining and Champion Iron. Learn More about companies similar to 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. Learn More about contacing Manulife Financial investor relations.