Manulife Financial Corp (MFC)
(Delayed Data from NYSE)
$28.77 USD
-0.10 (-0.35%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $28.77 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth F Momentum C VGM
Manulife Financial (MFC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$28.72 | $31.82 | $25.50 | -0.52% |
Price Target
Based on short-term price targets offered by 12 analysts, the average price target for Manulife Financial comes to $28.72. The forecasts range from a low of $25.50 to a high of $31.82. The average price target represents a decline of 0.52% from the last closing price of $28.87.
Analyst Price Targets (12)
Broker Rating
Manulife Financial currently has an average brokerage recommendation (ABR) of 1.79 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 14 brokerage firms. The current ABR compares to an ABR of 1.69 a month ago based on 13 recommendations.
Of the 14 recommendations deriving the current ABR, seven are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 50% and 21.43% of all recommendations. A month ago, Strong Buy made up 53.85%, while Buy represented 23.08%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 6 | 6 |
Buy | 3 | 3 | 3 | 3 | 3 |
Hold | 4 | 4 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.79 | 1.79 | 1.69 | 1.75 | 1.75 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/15/2024 | BMO Capital Markets | Thomas Mackinnon | Strong Buy | Strong Buy |
9/5/2024 | Not Identified | Not Identified | Not Available | Hold |
8/9/2024 | Scotiabank | Meny Grauman | Strong Buy | Strong Buy |
8/9/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
8/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/8/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
8/8/2024 | Desjardins Securities | Doug Young | Moderate Buy | Moderate Buy |
8/7/2024 | National Bank Financial | Gabrial Dechaine | Strong Buy | Strong Buy |
7/24/2024 | Cormark Securities | Lemar Persaud | Moderate Buy | Moderate Buy |
6/27/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/10/2024 | CIBC World Markets Corp. | Paul D Holden | Hold | Hold |
5/9/2024 | TD Securities | Mario Mendonca | Strong Buy | Strong Buy |
1/23/2024 | Evercore Partners | Thomas Gallagher | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.79 |
ABR (Last week) | 1.79 |
# of Recs in ABR | 14 |
Average Target Price | $28.72 |
LT Growth Rate | 10.00% |
Industry | Insurance - Life Insurance |
Industry Rank by ABR | 21 of 253 |
Current Quarter EPS Est: | 0.70 |
MFC FAQs
Manulife Financial Corp (MFC) currently has an average brokerage recommendation (ABR) of 1.79 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 14 brokerage firms.
The average price target for Manulife Financial Corp (MFC) is $28.72. The current on short-term price targets is based on 6 reports.
The forecasts for Manulife Financial Corp (MFC) range from a low of $25.5 to a high of $31.82. The average price target represents a decline of $0.17 from the last closing price of $28.77.
The current DOWNSIDE for Manulife Financial Corp (MFC) is 0.17%
Based on short-term price targets offered by 12 analysts, the average price target for Manulife Financial comes to $28.72. The forecasts range from a low of $25.50 to a high of $31.82. The average price target represents a decline of 0.52% from the last closing price of $28.87.