RBC Capital analyst Darko Mihelic maintained a Buy rating on Manulife Financial today and set a price target of C$49.00. The company’s shares closed yesterday at $31.41.
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According to TipRanks, Mihelic is a 4-star analyst with an average return of 7.5% and a 60.43% success rate. Mihelic covers the Financial sector, focusing on stocks such as Bank Of Nova Scotia, Bank Of Montreal, and Toronto Dominion Bank.
Manulife Financial has an analyst consensus of Moderate Buy, with a price target consensus of $35.93.
The company has a one-year high of $33.07 and a one-year low of $25.92. Currently, Manulife Financial has an average volume of 2.05M.
Based on the recent corporate insider activity of 147 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MFC in relation to earlier this year.
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