Barclays Increases Manulife Financial (TSE:MFC) Price Target to C$40.00

Manulife Financial (TSE:MFC – Get Free Report) (NYSE:MFC) had its price target boosted by equities researchers at Barclays from C$39.00 to C$40.00 in a research note issued on Friday,BayStreet.CA reports. Barclays‘s target price indicates a potential downside of 11.84% from the company’s previous close. Other equities analysts also recently issued reports about the company. TD [...]

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Manulife Financial ( TSE:MFC – Get Free Report ) (NYSE:MFC) had its price target boosted by equities researchers at Barclays from C$39.00 to C$40.00 in a research note issued on Friday, BayStreet.

CA reports. Barclays ‘s target price indicates a potential downside of 11.84% from the company’s previous close.



Other equities analysts also recently issued reports about the company. TD Securities lifted their price target on Manulife Financial from C$45.00 to C$48.

00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. National Bankshares lifted their target price on Manulife Financial from C$45.00 to C$47.

00 in a research report on Thursday, November 7th. Scotiabank boosted their price target on Manulife Financial from C$48.00 to C$49.

00 in a report on Friday, November 8th. Jefferies Financial Group raised their price objective on Manulife Financial from C$42.00 to C$47.

00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. Finally, Cormark boosted their target price on shares of Manulife Financial from C$47.00 to C$48.

00 in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$43.

45. Check Out Our Latest Stock Report on MFC Manulife Financial Stock Performance Insider Buying and Selling at Manulife Financial In other Manulife Financial news, Senior Officer Steve Finch sold 11,598 shares of Manulife Financial stock in a transaction on Thursday, November 14th. The stock was sold at an average price of C$46.

07, for a total transaction of C$534,308.26. Also, Director Brooks Tingle sold 3,866 shares of the business’s stock in a transaction on Thursday, November 14th.

The stock was sold at an average price of C$46.07, for a total value of C$178,102.75.

Insiders sold 17,630 shares of company stock valued at $793,528 in the last ninety days. Company insiders own 0.03% of the company’s stock.

About Manulife Financial ( Get Free Report ) Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks.

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