Are Analysts Bullish Manulife Financial Corp. (TSE:MFC) After Last Week?

Out of 15 analysts covering Manulife Financial Corp. (TSE:MFC), 14 rate it “Buy”, 0 “Sell”, while 3 “Hold”. This means 82% are positive. Manulife Financial Corp. was the topic in 6 analyst reports since October 28, 2015 according to StockzIntelligence Inc. Below is a list of Manulife Financial Corp. (TSE:MFC) latest ratings and price target changes.

12/02/2016 Broker: Barclays Capital Rating: Overweight Old Target: $24.00 New Target: $22.00 Target Down
12/02/2016 Broker: BMO Capital Markets Rating: Outperform New Target: $22.00 Target Down
12/02/2016 Broker: National Bank Canada Rating: Outperform Old Target: $23.00 New Target: $21.00 Target Down
12/02/2016 Broker: RBC Capital Markets Rating: Outperform Old Target: $26.00 New Target: $24.00 Target Down
13/01/2016 Broker: IBC Rating: Old Target: $25.00 New Target: $24.00 Target Down
28/10/2015 Broker: IBC Rating: Old Target: $26.00 New Target: $25.00 Target Down

The stock decreased 0.64% or $0.12 on March 14, hitting $18.76. About 2.99 million shares traded hands. Manulife Financial Corp. (TSE:MFC) has declined 18.54% since August 7, 2015 and is downtrending. It has underperformed by 15.75% the S&P500.

Manulife Financial Corp is a Canada financial services and life insurance company. The company has a market cap of $38.29 billion. The Firm offers financial protection and wealth management services and products. It has 17.86 P/E ratio. It caters to personal and business clients.

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