Manulife Financial Corporation (MFC)
NYSE: MFC · IEX Real-Time Price · USD
18.47
+0.24 (1.32%)
At close: Sep 28, 2023, 4:00 PM
18.54
+0.07 (0.38%)
Pre-market: Sep 29, 2023, 8:01 AM EDT
Manulife Financial Stock Forecast
Stock Price Forecast
According to 2 stock analysts, the average 12-month stock price forecast for MFC stock stock is $30.5, which predicts an increase of 65.13%. The lowest target is $28 and the highest is $33. On average, analysts rate MFC stock stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on Aug 11, 2023.
Analyst Ratings
The average analyst rating for MFC stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Apr '23 | May '23 | Jun '23 | Jul '23 | Aug '23 | Sep '23 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Barclays | Barclays | Buy Maintains $31 → $33 | Buy | Maintains | $31 → $33 | +78.67% | Aug 11, 2023 |
RBC Capital | RBC Capital | Hold Maintains $26 → $28 | Hold | Maintains | $26 → $28 | +51.60% | Feb 17, 2023 |
Scotiabank | Scotiabank | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Jul 27, 2022 |
Credit Suisse | Credit Suisse | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Aug 10, 2021 |
Morgan Stanley | Morgan Stanley | Hold Maintains $27 → $26 | Hold | Maintains | $27 → $26 | +40.77% | Jul 11, 2018 |
Financial Forecast
Revenue This Year
67.66B
from 17.15B
Increased by 294.59%
Revenue Next Year
70.80B
from 67.66B
Increased by 4.64%
EPS This Year
3.32
from 3.68
Decreased by -9.75%
EPS Next Year
3.62
from 3.32
Increased by 8.86%
Revenue Forecast
Revenue | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
High | 70.3B | 73.6B | 76.5B | 78.8B |
Avg | 67.7B | 70.8B | 73.6B | 75.8B |
Low | 65.7B | 68.7B | 71.4B | 73.5B |
Revenue Growth
Revenue Growth | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
High | 310.2% | 8.8% | 8.0% | 7.0% |
Avg | 294.6% | 4.6% | 3.9% | 3.0% |
Low | 282.9% | 1.5% | 0.8% | -0.1% |
EPS Forecast
EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | 3.51 | 3.90 | 4.24 | 3.56 | 3.75 |
Avg | 3.32 | 3.62 | 3.92 | 3.42 | 3.61 |
Low | 3.14 | 3.33 | 3.63 | 3.32 | 3.50 |
EPS Growth
EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | -4.7% | 17.3% | 17.3% | -9.1% | 9.4% |
Avg | -9.8% | 8.9% | 8.4% | -12.6% | 5.3% |
Low | -14.8% | 0.3% | 0.3% | -15.2% | 2.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.