Manulife Financial Corp. (TSE:MFC) Receives "Outperform" Rating from BMO Capital Markets

Manulife Financial Corporation (MFC) shares ended at $20.54 with 1.49 mln shares exchanging hands.

The current price is staying above the SMA lines which signify strength and is generally healthy/positive and may provide the momentum for driving the share price higher. If you are reading this piece of content on another site, it was illegally copied and reposted in violation of USA & global trademark and copyright legislation.

06/26/2014 - Goldman Sachs began new coverage on Manulife Financial Corp giving the company a "neutral" rating.

Several other research analysts have also issued reports on MFC.

08/04/2016 - Manulife Financial Corp was downgraded to "sector perform" by analysts at CIBC. Credit Suisse Group restated an "outperform" rating on shares of Manulife Financial Corp in a report on Monday, November 14th. Sei Investments Co. now owns 10,532 shares of the company's stock valued at $144,000 after buying an additional 632 shares in the last quarter. Wells Fargo & Company MN increased its stake in Manulife Financial Corp by 1.3% in the 2nd quarter. The company's a year ago sales total was 11.57 Million. Finally, Advisor Group Inc. purchased a new position in Manulife Financial Corp during the second quarter valued at about $201,000. Flippin Bruce & Porter Inc. now owns 175,510 shares of the financial services provider's stock valued at $3,293,000 after buying an additional 9,555 shares during the last quarter. Manulife Financial Corp has a 52-week low of $10.99 and a 52-week high of $19.04. Institutional investors and hedge funds own 46.05% of the company's stock. Finally, RBC Capital Markets restated an "outperform" rating and set a $26.00 target price (up previously from $21.00) on shares of Manulife Financial Corp in a report on Friday, November 11th. If you are accessing this article on another website, it was stolen and republished in violation of USA and worldwide trademark & copyright legislation. Royal Bank Of Canada increased their price objective on Manulife Financial Corp. from C$26.00 to C$28.00 and gave the stock an "outperform" rating in a report on Friday, August 11th. Barclays PLC increased their target price on Manulife Financial Corp. from C$28.00 to C$29.00 in a research report on Wednesday, July 12th.

08/08/2016 - Manulife Financial Corp had its "hold" rating reiterated by analysts at TD Securities. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has a consensus rating of "Buy" and an average price target of $22.38.

Shares of Manulife Financial Corp (NYSE MFC) traded up 0.102% on Tuesday, hitting $20.561. 890,461 shares of the stock were exchanged. Currently, the stock has a 1 Year Price Target of $22.41.

With a total market value of $0, Manulife Financial Corporation (USA) has 52 week low of $14.15 and a 52 week high of $20.89 with a PE ratio of 14.61.

The company reported its EPS on 6/29/2017. The company had revenue of $12.34 billion for the quarter, compared to analysts' expectations of $16.09 billion. While in the same Quarter Previous year, the Actual EPS was $0.39. Analysts forecast that Manulife Financial Corp will post $1.75 earnings per share for the current year. The Company is a holding company of The Manufacturers Life Insurance Company (MLI), a Canadian life insurance company, and John Hancock Reassurance Company Ltd. (JHRECO), a Bermuda reinsurance company.

Related News:

  • Nevada Unemployment Rates Down From Last Year

    Nevada Unemployment Rates Down From Last Year

    Training and Rehabilitation (DETR), unemployment rates in Nevada metro areas have decreased overall since past year . Gallia County, with a September rate of 5.5 percent, is tied for 16th with Columbiana County.
    Titanic deal for Ash Taylor — ASH STAYS

    Titanic deal for Ash Taylor — ASH STAYS

    There'll be celebrations from Gold Coast Titans fans with the club announcing Ash Taylor will remain on the Coast until at least 2021.

    GIC Re shares fall almost 7% on stock market debut

    The company's gross premiums on a consolidated basis have grown at a CAGR of ~48.7% over FY15-17 to ~ Rs 33,741 cr. Retail investors and eligible employees of the company were illegible for a 5% discount.
  • Spirit Realty Capital Inc (SRC) Facts and Figures

    Spirit Realty Capital Inc (SRC) Facts and Figures

    Quantitative Systematic Strategies LLC lifted its position in shares of Spirit Realty Capital by 499.8% during the 3rd quarter. Now the stock price is moving -41.59% off from the highest level of twelve months and 5.66% above from twelve months low.
    Analysts Showing Optimistic Trends For Cloud Peak Energy Inc. (CLD)

    Analysts Showing Optimistic Trends For Cloud Peak Energy Inc. (CLD)

    The Return on Invested Capital is a ratio that determines whether a company is profitable or not. (NYSE:CLD) is 0.73736. Louisiana State Employees Retirement System increased its holdings in Cloud Peak Energy by 0.3% in the second quarter.
    Faf Ruled Out for Six Weeks With Injury

    Faf Ruled Out for Six Weeks With Injury

    Captain Faf du Plessis has been ruled out of South Africa's Twenty20 worldwide series against Bangladesh. He will require a period of rest and rehabilitation for the next six weeks.
  • Customer tackles bank robber

    Customer tackles bank robber

    Sakosky went outside and directed police to where he was headed. "I certainly would not have encountered anybody with a gun. After a brief police chase, Ryall was arrested and charged with robbery and making terroristic threats.
    Young Huddersfield fan pays Aaron Mooy's wage

    Young Huddersfield fan pays Aaron Mooy's wage

    The post eventually reached Socceroos player Mooy, who said on social media he would love to meet Bhana. Young football fan Adam Bhana is clearly a well-brought up boy.
    Sans paper loss, GM makes $2.5B, topping expectations

    Sans paper loss, GM makes $2.5B, topping expectations

    It turned negative, as 90 investors sold F shares while 355 reduced holdings. 76 funds opened positions while 292 raised stakes. The Netherlands-based Shell Asset Mgmt Communication has invested 0.01% in President Energy PLC (LON:PPC).
  • Long Term Growth review of Mondelez International, Inc. (NASDAQ:MDLZ)

    On average, equities research analysts predict that Mondelez International Inc . will post $1.95 EPS for the current fiscal year. Golub Group Llc increased Grainger W W Inc (NYSE:GWW) stake by 6,741 shares to 117,924 valued at $21.29 million in 2017Q2.

    Hydro-Quebec restores power after 268000 Montrealers left in the dark

    More than 275,000 Hydro-Quebec customers are without power in Montreal, but the company says it shouldn't last much longer. Montreal's transit authority says the outage is also causing delays with the city's subway service.
    Bell ringers needed: Salvation Army to kick off Red Kettle Campaign

    Bell ringers needed: Salvation Army to kick off Red Kettle Campaign

    Money raised in the campaign drives its various local programs and services throughout the year. No appointment is necessary, but people should be bring two forms of identification.


Most liked

Csonka's WWE 205 Live Review 10.24.17
He then rips on the hometown's sports team and does Enzo's dance. - Enzo still can't talk, so Daivari does Enzo's intro for him. Now, let's get to all 277 slides of his Power Point presentation, starting at slide number one. "No jumping off the top rope".

Revenue Estimates Analysis Jaguar Animal Health, Inc. (JAGX)
Over a month, it has seen its stock price volatility to stay at 8.8% while shortening the period to a week, volatility was 18.42%. Over the last three months, the shares of the company have changed -14.41% and performed -27.93% over the last six months.

Analysts See $0.48 EPS for BWX Technologies Inc (BWXT)
The company was maintained on Monday, June 12 by Jefferies. $4.39 million worth of IDEXX Laboratories, Inc. (NASDAQ:IDXX). BMO Capital Markets downgraded TransAlta Corporation (USA) (NYSE:TAC) on Monday, January 18 to "Market Perform" rating.

Why BroadSoft, Inc. (BSFT) Is Being Added to Investors Watchlist?
The institutional investor owned 662,800 shares of the company's stock after buying an additional 33,450 shares during the period. During the last trade, stock's minimum price has been reached out at $134.81 while the maximum trading price moved at $139.39.

Agnico Eagle Mines Ltd (AEM) Analysts See $0.15 EPS
After $-0.06 actual EPS reported by LendingClub Corp for the previous quarter, Wall Street now forecasts -66.67% EPS growth. It has outperformed by 36.27% the S&P500.The move comes after 8 months negative chart setup for the $2.39 billion company.

LA Chargers sign Michael Ola to boost offensive line depth
The Chargers trounced the Broncos 21-0 Sunday afternoon at the StubHub Center in a game that was all Los Angeles from the get-go. The Los Angeles Chargers have signed well-traveled offensive lineman Michael Ola to boost their depleted depth at the position.

City of Meridian kicks off Red Ribbon Week
Several community leaders talked about the importance about being drug free, and the harmful ways drugs can impact your life.

Weber scores two; Canadiens snap skid, beat Panthers 5-1
Our first two penalty kills were great, then guys started to get exhausted and worn down and the momentum shifted". Florida Panthers and Montreal Canadiens face off in a Tuesday night National Hockey League regular season matchup.

Intercontinental Exchange buys Euroclear stake from RBS for £275m
Brussels-based Euroclear, which settles shares traded on the LSE, bought the stake from Britain's Royal Bank of Scotland. TRADEMARK VIOLATION WARNING: "Public Employees Retirement System of Ohio Raises Stake in Intercontinental Exchange Inc".

Lexus premieres LS+ Concept
Compared to the current LS production model, the LS+ is longer, wider and lower - and the current auto wouldn't exactly be described as small.

Large Personal Electronic Devices may be banned from check-in luggage
According to media reports, India may also follow suit once a decision is taken by any leading aviation agency. Authorities are mulling over this issue in order to prevent battery fires that could lead to mishaps.

Builders FirstSource, Inc. (BLDR) EPS Estimated At $0.41
The expected BLDR's profit could reach $46.24M giving the stock 10.98 P/E in the case that $0.41 earnings per share is reported. Mississippi-based Trustmark Financial Bank Department has invested 0.04% in Magellan Midstream Partners, L.P. (NYSE:MMP).

JioPhone reportedly explodes in Kashmir; Company says it's intentional sabotage
The incident took place in Kashmir and the company has responded saying that "this is a case of intentional sabotage". Compared to the regular feature phones, the JioPhone also features a slightly bigger battery of 2000mAh capacity.

Steph Curry consoles grieving nephew of Devin Harris before Warriors-Mavs game
He was immediately ejected when he thought he was fouled and threw his mouthpiece in the baseline. The 6-foot-3 sharpshooter had tossed his mouthpiece while complaining about a no-call on a drive.

Hersha Hospitality Trust (HT) Analysts See $0.66 EPS
Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. The firm owned 6,952,028 shares of the real estate investment trust's stock after selling 79,987 shares during the period.