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Manulife Financial Corp. (TSE:MFC) has received a consensus recommendation of “Buy” from the eleven brokerages that are presently covering the stock, AnalystRatings.Net reports. Eleven equities research analysts have rated the stock with a buy rating, The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$22.38.

MFC has been the subject of a number of recent research reports. Analysts at UBS AG initiated coverage on shares of Manulife Financial Corp. in a research note on Wednesday. They set a “buy” rating on the stock. Separately, analysts at National Bank Financial upgraded shares of Manulife Financial Corp. from a “sector perform” rating to an “outperform” rating in a research note on Friday, February 14th. Finally, analysts at NBF upgraded shares of Manulife Financial Corp. to an “outperform” rating in a research note on Friday, February 14th.

Shares of Manulife Financial Corp. (TSE:MFC) traded up 0.58% on Thursday, hitting $20.72. The stock had a trading volume of 964,638 shares. Manulife Financial Corp. has a one year low of $14.48 and a one year high of $22.22. The stock has a 50-day moving average of $21.01 and a 200-day moving average of $20.31. The company has a market cap of $38.304 billion and a P/E ratio of 13.83.

Manulife Financial Corporation (TSE:MFC) is a Canada-based financial services group with principal operations in Asia, Canada and the United States.

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