Barclays raised target for Manulife stock to CAD 61.00 after review period is wrong? no

Published on 10/12/2026 at 11:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Core EPS grew 16 percent in the second quarter of 2026. Manulife stock was EUR 37.91 at Lang & Schwarz on October 12, 2026.

Key points in brief

Barclays raised its Manulife target from CAD 59.00 to CAD 61.00 on October 7, 2026.
Second-quarter 2026 core earnings per share rose 16 percent year over year to CAD 1.09.
Manulife stock was trading at EUR 37.91 at Lang & Schwarz on October 12, 2026.
Manulife is listed on the Toronto Stock Exchange and included in the S&P/TSX Composite.

MFC, CA56501R1064, Illustration mit AI erstellt.

Barclays raised its price target for Manulife Financial Corporation (ISIN CA56501R1064) from CAD 59.00 to CAD 61.00 on October 7, 2026, while keeping an Equal Weight rating, according to Markets Insider. The revision puts the analyst view above the latest euro quotation, but the rating remains neutral.

What does the target revision change?

The new Barclays target is CAD 2.00 higher than the previous CAD 59.00 target. The October 7 note attributed the change to a third-quarter earnings preview, citing asset management tailwinds, strong mortality trends and stabilizing spreads, according to Markets Insider.

Three milestones shape the picture

On February 11, 2026, Manulife increased its quarterly dividend by 10.20 percent to CAD 0.485 per share, as listed by The Fly. On August 5, 2026, the company reported second-quarter core earnings per share of CAD 1.09 versus CAD 0.95 in the second quarter of 2025, according to The Fly.

On October 7, 2026, Barclays lifted its target to CAD 61.00 from CAD 59.00 and maintained Equal Weight, making the analyst revision the latest dated event in this sequence. The second-quarter earnings comparison shows why the target discussion is tied to operating performance rather than only to market valuation.

Dates investors can mark

Simply Wall St lists November 4, 2026 as Manulife's next earnings date. That report will provide the next quantified test for the earnings trajectory reflected in the 16 percent second-quarter core earnings per share increase.

Manulife stock at EUR 37.91

Manulife stock was trading at EUR 37.91 at Lang & Schwarz on October 12, 2026 at 11:04 a.m. CEST. The company had a market capitalization of CAD 101.1 billion on October 9, 2026, while its 52-week range was CAD 44.16 to CAD 63.58.

The further course of trading is shown by the continuously updated real-time quote of Manulife stock.