Barclays Boosts Manulife Financial (MFC) Price Target to C$31.00
Several other analysts also recently issued reports on MFC. TD Securities lifted their target price on Manulife Financial from C$28.00 to C$30.00 and gave the company a hold rating in a research note on Tuesday, January 9th. Scotiabank lifted their target price on Manulife Financial from C$31.00 to C$32.00 and gave the company an outperform rating in a research note on Friday, November 10th. Desjardins lifted their target price on Manulife Financial from C$28.00 to C$30.00 in a research note on Monday, November 13th. BMO Capital Markets reissued an outperform rating and set a C$31.00 target price on shares of Manulife Financial in a research note on Friday, November 10th. Finally, National Bank Financial lifted their target price on Manulife Financial from C$27.00 to C$29.00 and gave the company a sector perform rating in a research note on Thursday, November 9th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of Buy and an average target price of C$30.00.
Shares of Manulife Financial (TSE MFC) opened at C$27.21 on Thursday. The stock has a market capitalization of $53,920.00, a P/E ratio of 14.95 and a beta of 0.99. Manulife Financial has a 12 month low of C$22.39 and a 12 month high of C$27.53.
In other news, Director Rocco Gori purchased 60,694 shares of the business’s stock in a transaction on Friday, December 15th. The stock was acquired at an average price of C$26.70 per share, for a total transaction of C$1,620,529.80. Also, Director P. Thomas Jenkins sold 4,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of C$21.09, for a total value of C$94,905.00.
ILLEGAL ACTIVITY NOTICE: “Barclays Boosts Manulife Financial (MFC) Price Target to C$31.00” was posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this article can be accessed at https://theolympiareport.com/2018/01/14/barclays-boosts-manulife-financial-mfc-price-target-to-c31-00.html.
About Manulife Financial
Manulife Financial Corporation (MFC) is a holding company of The Manufacturers Life Insurance Company (MLI), which is a life insurance company, and John Hancock Reassurance Company Ltd. (JHRECO), which is a reinsurance company. The Company operates as a financial services company with principal operations in Asia, Canada and the United States.
Receive News & Ratings for Manulife Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manulife Financial and related companies with MarketBeat.com's FREE daily email newsletter.