S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities

Manulife Financial (MFC) Stock Forecast & Price Target

C$31.72
+0.13 (+0.41%)
(As of 04/19/2024 ET)

Manulife Financial Consensus Analyst Rating and Stock Price Forecast (2024)

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.

Analysts' Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Analysts' Consensus Price Target

C$36.30
14.44% Upside
High ForecastC$40.00
Average ForecastC$36.30
Low ForecastC$33.00
TypeCurrent Forecast
4/21/23 to 4/20/24
1 Month Ago
3/22/23 to 3/21/24
3 Months Ago
1/21/23 to 1/21/24
1 Year Ago
4/21/22 to 4/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
7 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$36.30C$35.80C$30.40C$27.50
Predicted Upside14.44% Upside9.88% Upside10.92% Upside10.94% Upside
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MFC Analyst Ratings 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
2.50
2.42
Consensus RatingModerate BuyHold
News Sentiment RatingPositive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/8/2024BMO Capital Markets
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 Boost TargetC$35.00 ➝ C$40.00+19.76%
2/21/2024TD Securities
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 DowngradeAction List Buy ➝ BuyC$35.00 ➝ C$37.00+13.95%
2/20/2024Evercore
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 Boost TargetC$30.00 ➝ C$36.00+8.93%
2/16/2024Royal Bank of Canada
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 Boost TargetOutperformC$34.00 ➝ C$38.00+14.29%
2/16/2024CIBC
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 Boost TargetNeutralC$30.00 ➝ C$34.00+2.26%
2/16/2024Cormark
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 UpgradeMarket Perform ➝ BuyC$33.00 ➝ C$36.00+8.27%
2/16/2024Scotiabank
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 Boost TargetOutperformC$35.00 ➝ C$40.00+20.30%
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
2/15/2024National Bankshares
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 Boost TargetSector PerformC$29.00 ➝ C$33.00-1.05%
8/11/2023Barclays
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 Boost TargetC$31.00 ➝ C$33.00+26.05%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:32 AM ET.

MFC Price Target - Frequently Asked Questions

What is Manulife Financial's consensus rating and price target?

According to the issued ratings of 10 analysts in the last year, the consensus rating for Manulife Financial stock is Moderate Buy based on the current 1 sell rating, 3 hold ratings and 6 buy ratings for MFC. The average twelve-month price prediction for Manulife Financial is C$36.30 with a high price target of C$40.00 and a low price target of C$33.00. Learn more on MFC's analyst rating history.

Do Wall Street analysts like Manulife Financial more than its competitors?

Analysts like Manulife Financial more than other Financial Services companies. The consensus rating for Manulife Financial is Moderate Buy while the average consensus rating for financial services companies is Hold. Learn more on how MFC compares to other companies.

Is Manulife Financial being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, Manulife Financial's stock had 4 upgrades and 1 downgrade by analysts.

Does Manulife Financial's stock price have much upside?

According to analysts, Manulife Financial's stock has a predicted upside of 11.40% based on their 12-month stock forecasts.

What analysts cover Manulife Financial?

Stock Ratings Reports and Tools

This page (TSE:MFC) was last updated on 4/20/2024 by MarketBeat.com Staff

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