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Manulife Financial (MFC) Stock Forecast & Price Target

Manulife Financial logo
C$43.53 +0.20 (+0.46%)
(As of 12/20/2024 05:17 PM ET)

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
1
Hold
3
Buy
9

Based on 13 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 13 analysts, 1 has given a sell rating, 3 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for MFC.

Consensus Price Target

C$43.45
-0.17% Downside
According to the 13 analysts' twelve-month price targets for Manulife Financial, the average price target is C$43.45. The highest price target for MFC is C$49.00, while the lowest price target for MFC is C$36.00. The average price target represents a forecasted downside of -0.17% from the current price of C$43.53.
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MFC Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
2 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$43.45C$43.36C$39.18C$30.44
Forecasted Upside-0.17% Downside-5.03% Downside0.49% Upside4.76% 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
2.69
2.65
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Positive News

See Recent MFC News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/22/2024Barclays
3 of 5 stars
A. Scott
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Boost TargetC$39.00 ➝ C$40.00-12.09%
11/21/2024Cormark
3 of 5 stars
 Boost TargetC$47.00 ➝ C$48.00+4.92%
11/8/2024CIBC
3 of 5 stars
 Boost TargetC$42.00 ➝ C$46.00+4.33%
11/8/2024Scotiabank
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 Boost TargetC$48.00 ➝ C$49.00+11.14%
11/7/2024National Bankshares
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 Boost TargetC$45.00 ➝ C$47.00+4.35%
11/7/2024TD Securities
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 Boost TargetBuyC$45.00 ➝ C$48.00+6.57%
10/16/2024Jefferies Financial Group
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 Boost TargetBuyC$42.00 ➝ C$47.00+11.37%
8/9/2024Royal Bank of Canada
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 Boost TargetC$38.00 ➝ C$39.00+13.34%
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
2/17/2023CSFB
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 Boost TargetC$27.00 ➝ C$28.00+3.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:38 AM 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 Tuesday, December 17, 2024. 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.:

  • Recent analyst upgrades have increased target prices, with Barclays raising its target to C$40.00, indicating confidence in the stock's potential for growth.
  • The stock is currently trading at C$45.37, which is close to its 52-week high of C$46.42, suggesting strong market performance and investor interest.
  • Manulife Financial Co. has a solid dividend yield of 3.58%, providing a steady income stream for investors, which is particularly attractive in a low-interest-rate environment.
  • Multiple analysts have issued buy ratings, with a consensus rating of "Moderate Buy," reflecting positive sentiment and potential for price appreciation.
  • The company has demonstrated strong financial health, with a market capitalization of C$80.30 billion and a manageable debt-to-equity ratio of 49.60, indicating stability and lower risk for investors.

Manulife Financial
Bear Case

red Wall Street bear icon

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

  • Despite recent upgrades, Barclays' price target indicates a potential downside of 11.84% from the current stock price, suggesting that the stock may be overvalued at this time.
  • One analyst has rated the stock with a sell rating, indicating that there are concerns about its future performance that investors should consider.
  • The stock has experienced fluctuations, with a 1-year low of C$26.05, which may raise concerns about its volatility and risk for investors.
  • Market conditions can be unpredictable, and external economic factors could negatively impact the financial sector, including Manulife Financial Co.
  • The company's high price-to-earnings (P/E) ratio of 19.31 may suggest that the stock is priced for perfection, leaving little room for error in future earnings reports.

MFC Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Manulife Financial is C$43.45, with a high forecast of C$49.00 and a low forecast of C$36.00.

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There is currently 1 sell rating, 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MFC shares.

According to analysts, Manulife Financial's stock has a predicted downside of -0.17% based on their 12-month stock forecasts.

Manulife Financial has been rated by research analysts at Barclays, CIBC, Cormark, Jefferies Financial Group, National Bankshares, 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 2.69 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 12/21/2024 by MarketBeat.com Staff
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