Manulife Financial Corporation Price & Performance (MFC)

Manulife Financial has announced a series of leadership appointments, with Stephanie Fadous becoming Chief Actuary and Steve Finch stepping in as President and CEO of Manulife Asia. These shifts reflect the company’s intention to strengthen its executive team and further expand its footprint in the Asian market.1

Jefferies has lowered its price target for Manulife Financial to C$46 from C$51, citing ongoing uncertainties such as potential election impacts and unresolved tariffs. The firm maintains a Buy rating but warns that downside risks remain, suggesting investors should remain cautious in the near term.2

Manulife Financial shares gained 3.17% in recent trading, though analyst forecasts point to a potential downside over the next year. Despite a current 'Buy' consensus, estimated fair value calculations suggest the stock could face headwinds, highlighting a divergence between market optimism and valuation models.3