Here’s Why Analysts Believe Manulife Financial (MFC) Is A Top Canadian Financial Stock

Company Overview - Manulife Financial Corporation (NYSE:MFC) is a global financial services provider operating in the Insurance and Annuity Products, Wealth & Asset Management, and Corporate & Other segments, with a presence in the United States, Asia, Canada, and internationally [4]. Analyst Ratings and Price Targets - Jefferies analyst John Aiken raised the price target on Manulife Financial Corporation from $39.64 to $42.58, maintaining a Buy rating, indicating a potential upside of 13.5% from current levels [1]. - Barclays analyst Alex Scott increased the price target from C$49 to C$52 while keeping a Hold rating, reflecting a slight downside of approximately 1% from current levels [2]. Industry Outlook - The life insurance sector is viewed with cautious optimism for 2026, supported by steady cash flow generation, solid capital levels, and ongoing industry consolidation, which help mitigate pressures from spread compression and higher technology investments [3].