Analysis analysts at BMO Capital Markets initiated protection on shares of Manulife Monetary (TSE:MFC – Get Ranking) (NYSE:MFC) in a analysis be aware issued on Thursday, TipRanks stories. The agency set a “maintain” score and a C$27.00 worth goal on the monetary providers supplier’s inventory. BMO Capital Markets’ worth goal would point out a possible upside of 19.89% from the corporate’s present worth.
MFC has been the subject of a number of different analysis stories. Scotiabank decreased their worth goal on Manulife Monetary from C$30.00 to C$28.00 in a report on Monday, Could 2nd. Evercore ISI restated a “promote” score on shares of Manulife Monetary in a report on Wednesday, January twelfth. Canaccord Genuity Group elevated their worth goal on Manulife Monetary from C$30.50 to C$31.50 in a report on Friday, February eleventh. Zacks Funding Analysis restated a “maintain” score on shares of Manulife Monetary in a report on Thursday, March seventeenth. Lastly, Barclays decreased their worth goal on Manulife Monetary from C$36.00 to C$34.00 and set an “chubby” score on the inventory in a report on Tuesday, April twelfth. One funding analyst has rated the inventory with a promote score, 9 have issued a maintain score, one has issued a purchase score and one has assigned a powerful purchase score to the inventory. In response to MarketBeat.com, the inventory has a consensus score of “Maintain” and a mean worth goal of C$27.88.
Shares of MFC opened at C$22.52 on Thursday. The inventory has a market capitalization of C$43.44 billion and a price-to-earnings ratio of 6.36. Manulife Monetary has a 1 yr low of C$21.75 and a 1 yr excessive of C$28.09. The enterprise’s 50 day easy shifting common is C$25.76 and its 200-day easy shifting common is C$25.33. The corporate has a debt-to-equity ratio of 34.00, a present ratio of 5.29 and a fast ratio of two.16.
Manulife Monetary (TSE:MFC – Get Ranking) (NYSE:MFC) final issued its quarterly earnings knowledge on Wednesday, February ninth. The monetary providers supplier reported C$0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.82 by C$0.02. The agency had income of C$21.61 billion for the quarter. On common, sell-side analysts count on that Manulife Monetary will publish 23.1800008 earnings per share for the present yr.
In associated information, Senior Officer Steve Finch bought 12,895 shares of Manulife Monetary inventory in a transaction that occurred on Friday, February 18th. The inventory was bought at a mean worth of C$26.97, for a complete transaction of C$347,838.76. Following the completion of the transaction, the insider now instantly owns 9,183 shares within the firm, valued at C$247,708.67. Additionally, Director Michael James Doughty bought 21,246 shares of Manulife Monetary inventory in a transaction that occurred on Friday, February 18th. The shares had been bought at a mean worth of C$26.97, for a complete worth of C$573,104.48. Following the transaction, the director now owns 5,545 shares of the corporate’s inventory, valued at C$149,574.71.
About Manulife Monetary (Get Ranking)
Manulife Monetary Company, along with its subsidiaries, offers monetary services in Asia, Canada, the US, and internationally. The corporate operates by Wealth and Asset Administration Companies; Insurance coverage and Annuity Merchandise; And Company and Different segments. The Wealth and Asset Administration Companies phase offers mutual funds and exchange-traded funds, group retirement and financial savings merchandise, and institutional asset administration providers by brokers and brokers affiliated with the corporate, securities brokerage corporations, and monetary advisors pension plan consultants and banks.
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