Analyst Ratings for Manulife Financial Corp. (MFC)

Updated: 2017-07-28

Shares of Manulife Financial Corp. (NYSE:MFC) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, MFC was issued an average rating of Overweight.

18 analysts issued ratings on the stock, where 10 gave MFC a buy rating, 3 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

MFC was given price targets by several analysts. The most optimistic analyst gave a price target of 24.07, implying a possible profit of 17.7 percent. The most pessimistic price target was 17, implying a possible loss of -16.87 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 3.69 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 5 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.37 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.82 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of MFC's earnings is estimated by analysts to be 4.98 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. MFC has a PEG ratio of 2.62.

MFC has a 52-week high of 20.84 and a 52-week low of 12.92. Today's price is 58.28 percent above the 52-week low, and 1.87 percent below the high. MFC has a P/E ratio of 13.07. Investors typically compare the P/E ratio to a company's peers in the industry. The MFC value stock report compares MFC to some of its peers using value stock charts. The market cap of MFC is $50.47 billion. MFC will post this quarters earnings in days, on 0000-00-00.