Manulife Financial (MFC) (MFC:CA)
Analyst Update
Manulife Financial Corp, is a Canadian-based financial services group, that has just received a research report from Morningstar (Analyst Rank #47), who maintained their “Underperform” rating on the stock, with a 12 month target price of USD 27.50, as of March 26, 2025.
Stock Forecast
The stock forecast for Manulife Financia is based on input from 8 analysts. These analysts have provided an average target price of USD 39.25 for the company over the next year, suggesting a potential upside from the current stock price. However, despite this, Manulife’s average analyst rating is categorized as “Hold,” meaning that analysts are recommending a neutral stance on the stock.
Stock Target Advisor’s analysis of Manulife Financial is “Slightly Bearish,” based on a combination of factors. The stock has received 4 positive fundamental and 6 negative fundamentals, reflecting a mixed opinion among analysts and signals from the company’s performance indicators.
Manulife Financial Corp has demonstrated some positive momentum recently in its stock price. As of the latest closing, its stock price was USD 31.41. Over the past week, the stock has increased by +4.63%, indicating some short-term growth. Over the past month, it has seen a more modest increase of +2.25%. However, the most notable improvement is seen over the last year, where the stock price has risen by +29.42%, signaling a significant recovery or growth trend during that time.
Outlook
Despite Manulife Financial Corp’s positive year-over-year stock performance (+29.42%), analysts remain cautious. Morningstar’s “Underperform” rating and Stock Target Advisor’s “Slightly Bearish” outlook highlight concerns about future prospects. These cautionary assessments suggest that while the company has shown growth, risks such as economic uncertainty, regulatory challenges, market volatility, competition, and operational issues could limit its performance in the coming year. Investors should be mindful of these risks, even with the stock’s recent positive results.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
