Manulife Financial Corporation (MFC) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$39.97
Price Target
$51.00
Target Range
$51.00 — $51.00
Analyst Rating
Buy
Forward P/E8.6x
Trailing P/E17.7x
Forward PEG9.15
Implied Growth-0.9%
Median Target$51.00
Analyst Spread0.0%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$51
+27.6%
Consensus
$51
+27.6%
Bull Case
$51
+27.6%
MFC Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Manulife Financial Corporation (MFC) has a Wall Street consensus price target of $51.00, based on estimates from 14 covering analysts. With the stock currently trading at $39.97, this represents a potential upside of +27.6%. The company has a market capitalization of $67.02B.
Analyst price targets range from a low of $51.00 to a high of $51.00, representing a 0% spread in expectations. The median target of $51.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, MFC trades at a trailing P/E of 17.7x and forward P/E of 8.6x. The forward PEG ratio of 9.15 reflects a premium valuation. Analysts expect EPS to grow -0.9% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+7.1%
Avg Forward P/E9.6x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SLFSun Life Financial Inc. | $40.4B | $73.02 | $72.70 | -0.4% | Hold | 12.6x | 15 |
 METMetLife, Inc. | $52.3B | $80.16 | $96.50 | +20.4% | Buy | 8.2x | 33 |
 PRUPrudential Financial, Inc. | $34.9B | $100.16 | $104.13 | +4.0% | Hold | 7.4x | 37 |
 LNCLincoln National Corporation | $6.4B | $37.62 | $43.50 | +15.6% | Hold | 4.9x | 28 |
 UNMUnum Group | $13.0B | $80.27 | $98.00 | +22.1% | Hold | 9.2x | 30 |
 PFGPrincipal Financial Group, Inc. | $22.0B | $101.55 | $94.50 | -6.9% | Hold | 10.9x | 25 |
 AFLAflac Incorporated | $58.4B | $113.40 | $110.83 | -2.3% | Hold | 15.7x | 32 |
 GLGlobe Life Inc. | $12.1B | $154.39 | $171.25 | +10.9% | Hold | 9.9x | 28 |
 CNOCNO Financial Group, Inc. | $4.3B | $45.71 | $46.67 | +2.1% | Hold | 10.4x | 17 |
 FGF&G Annuities & Life, Inc. | $4.0B | $29.46 | $31.00 | +5.2% | Hold | 7.2x | 9 |
Upside Potential Comparison
UNMMETLNCGLFGPRUCNOSLFFull MFC Stock Analysis
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Start ComparisonMFC — Frequently Asked Questions
Quick answers to the most common questions about buying MFC stock.
What is the MFC stock price target for 2026?
The consensus Wall Street price target for MFC is $51, representing 27.6% upside from the current price of $39.97. With 14 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is MFC a buy, sell, or hold?
MFC has a consensus rating of "Buy" based on 14 Wall Street analysts. The rating breakdown is predominantly bullish, with 8 Buy/Strong Buy ratings. The consensus 12-month price target of $51 implies 27.6% upside from current levels.
Is MFC stock overvalued or undervalued?
With a forward P/E of 8.5808x, MFC trades at a relatively low valuation. The consensus target of $51 implies 27.6% appreciation, suggesting meaningful undervaluation.
How high can MFC stock go?
The most bullish Wall Street analyst has a price target of $51 for MFC, while the most conservative target is $51. The consensus of $51 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover MFC stock?
MFC is moderately covered, with 14 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 6 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the MFC stock forecast?
The 12-month MFC stock forecast based on 14 Wall Street analysts shows a consensus price target of $51, with estimates ranging from $51 (bear case) to $51 (bull case). The median consensus rating is "Buy".
What is MFC's forward P/E ratio?
MFC trades at a forward P/E ratio of 8.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 17.7x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy MFC stock?
Wall Street analysts are very optimistic on MFC, with a "Buy" consensus rating and $51 price target (27.6% upside). 8 of 14 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do MFC price targets vary so much?
MFC analyst price targets range from $51 to $51, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $51 consensus represents the middle ground.