Manulife Financial traded at 61.99 this Friday October 23rd, decreasing 1.82 or 2.85 percent since the previous trading session. Looking back, over the last four weeks, Manulife Financial lost 0.80 percent. Over the last 12 months, its price rose by 35.73 percent. Looking ahead, we forecast Manulife Financial to be priced at 60.58 by the end of this quarter and at 56.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Manulife Financial Corporation is a holding company of The Manufacturers Life Insurance Company (MLI), a Canadian life insurance company. The Company operates as a financial services company with principal operations in Asia, Canada and the United States. The Company operates as Manulife in Canada and Asia, and as John Hancock in the United States. The Company's segments include Asia, Canada, U.S., Global WAM, and Corporate and Other. The product and service offerings under its segments include Wealth and asset management businesses (Global WAM), and Insurance and annuity products (Asia, Canada and the U.S.). Wealth and asset management businesses include mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services. 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.