Today, the Senior Officer of Manulife Financial (MFC), Sebastian Pariath, sold shares of MFC for $20.6K.
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The company has a one-year high of $21.23 and a one-year low of $8.62. MFC’s market cap is $28.57 billion and the company has a P/E ratio of 8.40.
Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $15.72, reflecting a -5.9% downside.
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Manulife Financial Corp. is a financial services company, which engages in the provision of financial protection and wealth management products and services. It operates through the following business segments: Asia, Canada, U.S., Global Wealth & Asset Management and Corporate & Other. The Asia segment provides insurance products and insurance-based wealth accumulation products in Asia. The Canada segment provides insurance products, insurance-based wealth accumulation products and banking services in Canada. The U.S. segment provides life insurance products, insurance-based wealth accumulation products, digital advice solutions and administering in-force long-term care insurance and annuity businesses in the U.S. The Global Wealth & Asset Management segment provides fee-based wealth solutions to retail, retirement and institutional customers. The Corporate & Other segment comprises of investment performance on assets backing capital, net of amounts allocated to operating segments, financing costs, costs incurred by the corporate office related to shareholder activities, Property & Casualty Reinsurance business and run-off reinsurance business lines. The company was founded on April 26, 1999 and is headquartered in Toronto, Canada.
