Analyzing Stocks On Analyst Opinion: Manulife Financial Corporation (MFC), HRG Group, Inc. (HRG)

Manulife Financial Corporation (NYSE:MFC) notched a 0.95% intraday gain moving at $18.07. When the opening bell rang, the price was $18. The number of shares that were traded during the day was 3.01 million, which corresponds to its 3-month volume average of 1.81 million shares a day.

Manulife Financial Corporation (MFC) Analyst Opinion

Manulife Financial Corporation has a consensus outperform rating from 14 Wall Street analysts, and the number of shares currently sold short amount to at least 0.32% of shares outstanding. The stock sank -5.24% last month and is down -13.37 this year. Wall Street is only getting more bullish on the stock, with 12 of analysts who cover MFC having a buy-equivalent rating. Analysts have placed a $23.61 price target on Manulife Financial Corporation, suggesting a 30.66% gain from recent close. It’s currently trading about -18.46% below its 52-week high.

Manulife Financial Corporation Earnings Surprise

Manulife Financial Corporation (MFC) surprised the stock market in its last reported earnings when it earned $0.64 a piece versus the consensus-estimated $0.62. Its revenue totaled $16.28 billion up 36.45% from the previous quarter.

Manulife Financial Corporation (NYSE:MFC) Intraday View

This stock (MFC) is ahead of its 52-week low with 1.86%. Its last month’s stock price volatility remained 1.22% which for the week stands at 1.26%. The share price has moved backward from its 20 days moving average, trading at a distance of -2.39% and stays -4.17% away from its 50 days moving average. Over the last five days, shares have managed 0.56% gains and now is down -8.93% since hitting its 200-day moving average of $19.42. Manulife Financial Corporation (MFC) has made its way to a 12-month decline of -6.81%.

Turning to HRG Group, Inc. (NYSE:HRG), its shares were trading at $14 a gain of $0.08, on the trading floor. The stock, after opening at $13.91, touched a high of $14.21 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. HRG Group, Inc. tumbled -27.05% from its high of $19.19 to a $2.82 billion market value through last close.

HRG Group, Inc. (NYSE:HRG) Intraday Trading

The counter witnessed a trading volume of 1.12 million shares versus an average volume of 2.48 million shares during last trading session. Its last month’s stock price volatility remained 2.86% which for the week approaches 2.7%. The lowest price the stock reached in the last trading day was $13.9 and compares with the $9.42 52-week low. The stock recovered 48.62% since its low point and has performed -17.4% year-to-date.