Manulife (MFC) Shares Rally 19% YTD: More Room for Growth?
MFCMANULIFE(MFC) zacks.com·2024-05-30 01:06

Manulife Financial Corporation (MFC) shares have rallied 18.5% year to date, outperforming the industry’s increase of 9.6%, the Finance sector’s increase of 3.9% and the S&P 500 composite’s rise of 11.5%. With a market capitalization of $47.2 billion, the average volume of shares traded in the last three months was 3.1 million.The strength of its Asia business, expanding Wealth and Asset Management business and solid capital position continue to drive this Zacks Rank #3 (Hold) life insurer. MFC delivered an ...