Barclays Cautiously Optimistic On Manulife Financial (MFC) Amid Industry Challenges

Manulife Financial Corporation (NYSE:MFC) is one of the most undervalued Canadian stocks to buy according to hedge funds. On January 8, Barclays increased its price target for Manulife Financial to C$52 from C$49, while keeping an Equal Weight rating. As part of its 2026 outlook, the firm expressed a cautiously optimistic view on life insurers and noted that capital strength, cash flow, and consolidation are offsetting challenges like spread compression and tech expenditures. In Q3 2025, Manulife Financi ...