
TSE:MFC
This summary was created by AI, based on 27 opinions in the last 12 months.
Manulife Financial (MFC) has received mixed reviews from various experts, highlighting both its strengths and concerns. Many praise the company for its solid performance in Asia and wealth management, coupled with a healthy dividend yield, making it an attractive income stock. However, some analysts express caution due to overvaluation, suggesting that MFC may be overbought, trading at over 2x book value with slow earnings growth of around 8-9%. While the stock is seen as a reasonable long-term holding, there are calls for potential buying opportunities during market pullbacks. The general sentiment reflects a wait-and-see approach given the mixed indicators and the overall health of the financial sector.
MFC vs. Arc Arc is riskier while MFC is steadier. MFC is at an excellent price now, close to book value and offers a 12% ROE. Best in this sector with great Asian growth potential. They have a long way to sort out problems with long-term care in the U.S. Arc is good if you want more torque in your portfolio.
$35.19 is his model price, 46% upside. MFC has never gotten any respect, but he watches it. SunLife has better metrics. There's a lot of value in MFC, but financials as a whole are risky now. MFC is stuck in purgatory. Sell if it breaks below $22.60. He owns a little of this. He hasn't made up his mind about MFC.
The lifecos have done well this year, especially Sun-Life. Both offer relative safety and growth in Asia, especially MFC. Manulife isn't a tax-loss selling candidate.