Manulife Financial traded at 58.98 this Monday August 24th, increasing 0.37 or 0.62 percent since the previous trading session. Looking back, over the last four weeks, Manulife Financial gained 5.17 percent. Over the last 12 months, its price rose by 41.53 percent. Looking ahead, we forecast Manulife Financial to be priced at 57.31 by the end of this quarter and at 53.60 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.