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Manulife Financial (MFC) Gets a Buy from National Bank

Tipranks - Tipranks - Tue Apr 28, 6:20AM CDT

In a report released on April 24, from National Bank maintained a Buy rating on Manulife Financial, with a price target of C$57.00. The company’s shares closed last Friday at C$52.92.

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Manulife Financial has an analyst consensus of Strong Buy, with a price target consensus of C$55.93, which is a 5.69% upside from current levels. In a report released on April 14, RBC Capital also maintained a Buy rating on the stock with a C$55.00 price target.

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MFC market cap is currently C$88.73B and has a P/E ratio of 14.68.

Based on the recent corporate insider activity of 111 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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