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Manulife Financial Corp
Symbol MFC
Shares Issued 1,948,811,715
Close 2020-02-10 C$ 26.56
Recent Sedar Documents

Globe says Credit Suisse begins coverage on Sun, rivals

2020-02-10 09:01 ET - In the News

See In the News (C-SLF) Sun Life Financial Inc

The Globe and Mail reports in its Saturday, Feb. 8, edition that Credit Suisse began coverage of Canadian large-cap life insurance companies with a cautiously optimistic view of the sector on Friday. The Globe's David Leeder writes in the Eye On Equities column that Credit Suisse gave Sun Life Financial ($64.10) an "outperform" rating and $71 share target. Analysts on average target the shares at $65.35. Credit Suisse gave Great-West Lifeco ($35.12) a "neutral" rating and $37 target. Analysts on average target the shares at $34.10. Manulife Financial ($26.56) also received a "neutral" rating with a $29 share target. Analysts on average target the shares at $31.25. The Globe reported on Dec. 3, 2019, that RBC Dominion Securities analyst Darko Mihelic was bearish on Sun Life. He cut his rating to "sector perform" from "outperform." The shares could then be had for $60.29. The Globe reported on Oct. 29, 2019, that Canaccord Genuity analyst Scott Chan maintained his "buy" on Manulife. The shares could then be had for $24.70. The Globe reported on Oct. 29, 2019, that Mr. Chan continued to rate Great-West Lifeco "hold." Great-West shares could then be had for $31.11.

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