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Analysts Have Conflicting Sentiments on These Financial Companies: Metlife (MET), Manulife Financial (MFC) and Cannae Holdings (CNNE)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Metlife (METResearch Report), Manulife Financial (MFCResearch Report) and Cannae Holdings (CNNEResearch Report).

Metlife (MET)

In a report issued on August 11, Scott Heleniak from RBC Capital maintained a Buy rating on Metlife, with a price target of $74.00. The company’s shares closed last Friday at $63.65.

According to TipRanks.com, Heleniak is a 3-star analyst with an average return of 2.8% and a 73.7% success rate. Heleniak covers the Financial sector, focusing on stocks such as International General Insurance Holdings, American Equity Investment Life, and American International Group.

Metlife has an analyst consensus of Strong Buy, with a price target consensus of $76.90, which is a 22.7% upside from current levels. In a report issued on August 2, Wells Fargo also maintained a Buy rating on the stock with a $82.00 price target.

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Manulife Financial (MFC)

RBC Capital analyst Darko Mihelic maintained a Hold rating on Manulife Financial on August 11 and set a price target of C$30.00. The company’s shares closed last Friday at $19.46.

According to TipRanks.com, Mihelic is a 4-star analyst with an average return of 5.6% and a 56.9% success rate. Mihelic covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.

Currently, the analyst consensus on Manulife Financial is a Hold with an average price target of $22.25, representing a 14.2% upside. In a report issued on August 9, Credit Suisse also assigned a Hold rating to the stock with a C$28.00 price target.

Cannae Holdings (CNNE)

RBC Capital analyst Kenneth Lee maintained a Buy rating on Cannae Holdings on August 10 and set a price target of $28.00. The company’s shares closed last Friday at $19.39.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 14.7% and a 62.2% success rate. Lee covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Sixth Street Specialty Lending, and BrightSphere Investment Group.

Cannae Holdings has an analyst consensus of Strong Buy, with a price target consensus of $31.80.

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