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Manulife Financial (MFC) Stock Forecast & Price Target

Manulife Financial logo
C$42.88 -0.52 (-1.20%)
As of 05/9/2025 04:00 PM Eastern

Manulife Financial - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
6

Based on 8 Wall Street analysts who have issued ratings for Manulife Financial in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 2 have given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for MFC.

Consensus Price Target

C$48.00
11.94% Upside
According to the 8 analysts' twelve-month price targets for Manulife Financial, the average price target is C$48.00. The highest price target for MFC is C$51.00, while the lowest price target for MFC is C$45.00. The average price target represents a forecasted upside of 11.94% from the current price of C$42.88.
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MFC Analyst Ratings Over Time

TypeCurrent Forecast
5/11/24 to 5/11/25
1 Month Ago
4/11/24 to 4/11/25
3 Months Ago
2/11/24 to 2/10/25
1 Year Ago
5/12/23 to 5/11/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
4 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetC$48.00C$45.40C$44.55C$37.30
Forecasted Upside11.94% Upside16.56% Upside4.22% Upside4.78% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

MFC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MFC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Manulife Financial Stock vs. The Competition

TypeManulife FinancialFinancial Services Companies
Consensus Rating Score
2.88
2.65
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent MFC News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/8/2025National Bankshares
2 of 5 stars
 Lower TargetOutperformC$50.00 ➝ C$49.00+12.33%
5/1/2025CIBC
3 of 5 stars
 Lower TargetNeutralC$48.00 ➝ C$46.00+7.60%
5/1/2025Scotiabank
5 of 5 stars
 Lower TargetOutperformC$53.00 ➝ C$50.00+16.96%
4/21/2025Jefferies Financial Group
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 Lower TargetC$51.00 ➝ C$46.00+17.74%
4/15/2025Royal Bank of Canada
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 Set TargetOutperformC$51.00+26.74%
4/11/2025Barclays
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 Lower TargetC$49.00 ➝ C$45.00+15.47%
2/20/2025TD Securities
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 Boost TargetBuyC$48.00 ➝ C$49.00+7.31%
11/21/2024Cormark
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 Boost TargetC$47.00 ➝ C$48.00+4.92%
8/8/2024Dbs Bank
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K. Shih
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UpgradeStrong-Buy
5/10/2024BMO Capital Markets
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 Boost TargetC$40.00 ➝ C$41.00+15.20%
5/10/2024Evercore
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 Boost TargetC$36.00 ➝ C$37.00+3.96%
5/8/2024National Bank Financial
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G. Dechaine
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UpgradeSector Perform Market Weight ➝ Outperform Market Weight
2/16/2024Desjardins
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D. Young
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UpgradeHold ➝ BuyC$29.00 ➝ C$36.00+8.27%
2/16/2024Veritas Investment Research
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 Reiterated RatingReduce

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 04:41 PM ET.


Should I Buy Manulife Financial Stock? MFC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, May 5, 2025. Please send any questions or comments about these Manulife Financial pros and cons to contact@marketbeat.com.

Manulife Financial
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Manulife Financial Co.:

  • The current stock price is around C$42.08, which is relatively stable and shows potential for growth based on recent analyst ratings.
  • Manulife Financial Co. has received a "Moderate Buy" rating from multiple analysts, indicating positive sentiment and potential for price appreciation.
  • The company recently increased its quarterly dividend from $0.40 to $0.44 per share, reflecting strong financial health and a commitment to returning value to shareholders.
  • Analysts have set a consensus target price of C$45.60, suggesting that there is room for the stock to rise, which could lead to capital gains for investors.
  • With a market capitalization of approximately C$73.81 billion, Manulife Financial Co. is a significant player in the financial services sector, providing stability and growth potential.

Manulife Financial
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Manulife Financial Co. for these reasons:

  • Despite the positive outlook, the stock has experienced fluctuations, with a 12-month high of C$46.42 and a low of C$31.24, indicating volatility that could deter risk-averse investors.
  • Some analysts have issued hold ratings, suggesting that not all market participants are confident in the stock's immediate upside potential.
  • Recent insider selling, including transactions by directors, may raise concerns about the company's future performance and the confidence of its leadership.
  • Market conditions can impact financial services companies, and any economic downturn could adversely affect Manulife Financial Co.'s profitability and stock performance.
  • While the dividend yield is attractive, the payout ratio is around 49.79%, which may limit future dividend increases if earnings do not grow significantly.

MFC Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Manulife Financial is C$48.00, with a high forecast of C$51.00 and a low forecast of C$45.00.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MFC shares.

According to analysts, Manulife Financial's stock has a predicted upside of 11.94% based on their 12-month stock forecasts.

Manulife Financial has been rated by research analysts at Barclays, CIBC, Jefferies Financial Group, National Bankshares, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.

Analysts like Manulife Financial more than other "financial services" companies. The consensus rating score for Manulife Financial is 2.88 while the average consensus rating score for "financial services" companies is 2.65. Learn more on how MFC compares to other companies.


This page (TSE:MFC) was last updated on 5/11/2025 by MarketBeat.com Staff
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