---
title: "Research Alert: CFRA Keeps Buy Opinion On Shares Of Manulife Financial Corp."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286513249.md"
description: "CFRA maintains a Buy opinion on Manulife Financial Corp. with a 12-month target price of CAD57. The company reported Q1 2026 core EPS of CAD1.06, exceeding last year's CAD0.99, while net income rose to CAD1.147B. Asia's performance was strong, with core earnings up 22%. Currently, shares are trading at a discount, yielding 3.3%, indicating they are undervalued."
datetime: "2026-05-15T05:25:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286513249.md)
  - [en](https://longbridge.com/en/news/286513249.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286513249.md)
---

# Research Alert: CFRA Keeps Buy Opinion On Shares Of Manulife Financial Corp.

01:25 AM EDT, 05/15/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target price of CAD57, valuing MFC shares at 12.7x our 2026 core EPS estimate of CAD4.50 (lowered from CAD4.60) and at 11.6x our 2027 EPS estimate of CAD4.90 (lowered from CAD5.00), versus the stock's one-year average forward multiple of 11x and a peer average of 12x. MFC posted Q1 2026 core EPS of CAD1.06 vs. CAD0.99 prior year, compared with our CAD1.10 estimate and the CAD1.09 consensus view. Net income surged to CAD1.147B from CAD485M, due to lower market experience charges and underlying business growth. We are encouraged by these results, particularly Asia's standout performance, with core earnings up 22% to CAD820M, APE sales up 11%, and NBV up 15%, reinforcing the region as MFC's key growth engine. Currently trading at 10.5x our 2027 EPS estimate (a discount to peer and historical averages) and currently yielding 3.3%, we view the shares as undervalued.

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