Manulife Financial Corporation Receives A+ Rating from AM Best, Strong Financial Strength Affirmed
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 5 hour ago
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Source: Newsfilter
- Rating Affirmation: AM Best has affirmed Manulife Financial's Financial Strength Rating at A+, along with a Long-Term Issuer Credit Rating of "aa-" for its life/health insurance subsidiaries, reflecting the company's exceptional performance and stable financial foundation in the insurance sector.
- Capital Adequacy Improvement: Manulife's risk-adjusted capital position remains favorable and increasing in the latest quarter, indicating strong financial flexibility and prudent capital management strategies that bolster investor confidence.
- Stable Operating Performance: Despite market fluctuations, Manulife continues to report favorable earnings in its core business lines, demonstrating its diversified business model and strong market presence across Asia, Canada, and the U.S.
- Strategic Innovation: Manulife is implementing generative artificial intelligence and plans to enter the Indian life insurance market through a joint venture, which, while carrying execution risks, could provide new growth opportunities for the company.
MFC.N$0.0000%Past 6 months

No Data
Analyst Views on MFC
Wall Street analysts forecast MFC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MFC is 39.75 USD with a low forecast of 35.44 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast MFC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MFC is 39.75 USD with a low forecast of 35.44 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 35.650

Current: 35.650

Equal Weight
maintain
$47 -> $50
Reason
Morgan Stanley raised the firm's price target on Manulife Financial to $50 from $47 and keeps an Equal Weight rating on the shares. The firm updated models in the insurance space post the Q3 reports. Life insurance earnings reports were better than what share price reactions would suggest, the analyst tells investors in a research note. For property and casualty, Morgan Stanley sees a softening cycle heading into 2026.
NULL -> Outperform
maintain
$53 -> $58
Reason
BMO Capital raised the firm's price target on Manulife Financial to C$58 from C$53 and keeps an Outperform rating on the shares.
NULL -> Outperform
maintain
$49 -> $52
Reason
RBC Capital raised the firm's price target on Manulife Financial to C$52 from C$49 and keeps an Outperform rating on the shares.
Neutral
maintain
$49 -> $50
Reason
CIBC analyst Paul Holden raised the firm's price target on Manulife Financial to C$50 from C$49 and keeps a Neutral rating on the shares.
About MFC
Manulife Financial Corporation is an international financial services provider. It provides financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Its segments include Wealth and asset management businesses (Global WAM), Insurance and annuity products (Asia, Canada and U.S.), and the Corporate and Other segment. Wealth and asset management businesses branded as Manulife Investment Management, provide investment advice and solutions to retirement, retail, and institutional clients. It also includes Manulife Comvest Credit Partners, a private credit asset management platform. Insurance and annuity products include a variety of individual life insurance, individual and group long-term care insurance and guaranteed and partially guaranteed annuity products. Products are distributed through multiple distribution channels, including insurance agents, brokers, banks, financial planners and direct marketing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.