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.

A number of analysts gave price targets for MFC. The most optimistic price target was 24.07, implying a possible profit of 17.7 percent. The most pessimistic analyst gave a price target of 17, implying potential capital losses of -16.87 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.69 percent. That number becomes 5 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.37 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.82 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of MFC to grow at a rate of 4.98 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. MFC has a PEG ratio of 2.62.

MFC has traded between a high of 20.84 and a low of 12.92 over the past year. The current market price is above the trailing year's low by 58.28 percent, and below the high by 1.87 percent. 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.