BMO Capital Markets Initiates Coverage on Manulife Financial (TSE:MFC)

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Research analysts at BMO Capital Markets initiated coverage on shares of Manulife Financial (TSE:MFCGet Rating) (NYSE:MFC) in a research note issued on Thursday, TipRanks reports. The firm set a “hold” rating and a C$27.00 price target on the financial services provider’s stock. BMO Capital Markets’ price objective would indicate a potential upside of 19.89% from the company’s current price.

MFC has been the topic of several other research reports. Scotiabank decreased their price target on Manulife Financial from C$30.00 to C$28.00 in a report on Monday, May 2nd. Evercore ISI restated a “sell” rating on shares of Manulife Financial in a report on Wednesday, January 12th. Canaccord Genuity Group increased their price target on Manulife Financial from C$30.50 to C$31.50 in a report on Friday, February 11th. Zacks Investment Research restated a “hold” rating on shares of Manulife Financial in a report on…

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