Evercore ISI analyst David Motemaden maintained a Hold rating on Manulife Financial (NYSE:MFC) Corp on Tuesday, setting a price target of C$29.5, which is approximately 18.55% above the present share price of $19.89.
Motemaden expects Manulife Financial Corp to post earnings per share (EPS) of $0.80 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Manulife Financial, with an average price target of $27.1.
The analysts price targets range from a high of $34 to a low of $23.58.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $15.53 billion and a net profit of $0. The company's market cap is $38.64 billion.
According to TipRanks.com, Evercore ISI analyst David Motemaden is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 11.3% and a 63.33% success rate.
Canada-based Manulife Financial Corp. is a financial services company, which provides financial advice, insurance and wealth and asset management products and services in Asia, Canada, the United States, and other international markets.