Manulife Financial Corporation (NYSE:MFC) traded at a new 52-week high today of $22.20. So far today approximately 984,000 shares have been exchanged, as compared to an average 30-day volume of 4.4 million shares.
Manulife Financial Corporation (NYSE:MFC) is currently priced 5.0% above its average consensus analyst price target of $21.02.
Manulife provides life insurance and wealth management products and services to individuals and group customers in Canada, the United States, and Asia. Manulife is one of Canada’s Big Three Life Insurance companies (the other two are Sun Life and Great West Life). As of Dec. 31, 2020, Manulife reported assets under management or administration of about CAD $1.3 trillion.
Over the past year, Manulife Financial Corporation has traded in a range of $8.62 to $22.20 and is now at $22.14, 157% above that low.
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