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Manulife Financial Corp (MFC) Gets a Buy Rating from Canaccord Genuity


According to The Fly, canaccord Genuity analyst Scott Chan CFA reiterated a Buy rating on Manulife Financial Corp (MFC) yesterday. The company’s shares closed yesterday at $16.98.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -1.4% and a 41.6% success rate. CFA covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Manulife Financial Corp.

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Manulife Financial Corp’s market cap is currently $33.69B and has a P/E ratio of 21.77. The company has a Price to Book ratio of 1.10.

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Manulife Financial Corp. is a holding company, which engages in the provision of financial protection and wealth management products and services. It operates through the following business segments: Protection; Wealth and Asset Management; Other Wealth; and Corporate and Other.