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Manulife Financial (MFC-T) opinion on 2017-01-11

Last Price Recorded: 26.9800 on 2017-11-21

ON STOCKCHASE SINCE Oct 2000

insurance
TOP PICK

Brian Madden
Manulife Financial was $24.880 at time of opinion
Owned : Yes

The 35-year run in the bond market is drawing to a close. All insurers are very heavily exposed on their balance sheets and through their general funds to fixed income securities. Whether mortgages, publicly traded bonds, private loans, etc. They’ve managed to claw and scratch and make money in a very repressive interest rate environment for many years. With rates backing up, it should be a tremendous boon to profitability. Trading at 1.25X BV so it is not expensive. Dividend yield of 2.97%. (Analysts’ price target is $24.92.)

UNKNOWN

All opinions for MFC-T (1711)

492 BUY
57 BUY on WEAKNESS
267 COMMENT
223 DON'T BUY
168 HOLD
6 PARTIAL BUY
7 PARTIAL SELL
125 PAST TOP PICK
43 SELL
2 SELL ON STRENGTH
1 SHORT
3 SPECULATIVE BUY
17 STRONG BUY
204 TOP PICK
3 VAGUE
38 WAIT
25 WATCH
30 WEAK BUY
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All opinions for MFC-T (1711)

492 BUY
57 BUY on WEAKNESS
267 COMMENT
223 DON'T BUY
168 HOLD
6 PARTIAL BUY
7 PARTIAL SELL
125 PAST TOP PICK
43 SELL
2 SELL ON STRENGTH
1 SHORT
3 SPECULATIVE BUY
17 STRONG BUY
204 TOP PICK
3 VAGUE
38 WAIT
25 WATCH
30 WEAK BUY
View All

More experts covering MFC-T

SAVE
Add MFC-T to Watch List

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