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DBS Remains a Buy on Manulife Financial (MFC)

Tipranks - Tipranks - Sat Feb 14, 12:50AM CST

DBS analyst Ken Shih maintained a Buy rating on Manulife Financial today and set a price target of HK$310.00.

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Shih covers the Financial sector, focusing on stocks such as Ping An Insurance Company of China, Manulife Financial, and China Taiping Insurance Holdings Co. According to TipRanks, Shih has an average return of 29.9% and an 84.83% success rate on recommended stocks.

In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a C$59.00 price target.

See today’s best-performing stocks on TipRanks >>

MFC market cap is currently C$87.37B and has a P/E ratio of 16.42.

Based on the recent corporate insider activity of 142 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.

Read More on MFC:

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