BMO Capital analyst Tom Mackinnon maintained a Hold rating on Manulife Financial (MFC – Research Report) today and set a price target of C$31.00. The company’s shares opened today at $21.74.
Mackinnon covers the Financial sector, focusing on stocks such as Manulife Financial, Sun Life Financial, and Fairfax Financial Holdings. According to TipRanks, Mackinnon has an average return of 14.8% and a 71.11% success rate on recommended stocks.
Currently, the analyst consensus on Manulife Financial is a Moderate Buy with an average price target of $22.89, which is a 5.29% upside from current levels. In a report released on January 23, National Bank also maintained a Hold rating on the stock with a C$29.00 price target.
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MFC market cap is currently $39.06B and has a P/E ratio of 10.76.
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Manulife Financial (MFC) Company Description:
Canada-based Manulife Financial Corp. is a financial services company, which provides financial advice, insurance and wealth and asset management products and services in Asia, Canada, the United States, and other international markets.
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