03:25 PM EDT, 08/07/2025 (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 lower our 12-month target price by $2 to $34, valuing MFC shares (which currently yield 4%) at 10.6x our 2026 operating EPS estimate of $3.20 (CAD4.40 converted at the August 7, 2025 spot rate; lowered from CAD4.45) and at 11.5x our 2025 EPS estimate of $2.95 (CAD4.06; lowered from CAD4.11), versus the one-year average forward multiple and peer average of 11x. Q2 operating EPS of CAD0.95 versus CAD0.91 lagged our CAD1.00 EPs estimate and the CAD0.97 consensus view. 15% higher core earnings in MFC's Asia unit, 3.5% growth in Canada, and 25% higher profits in the Wealth and Asset Management (WAM) unit were partly offset by a 36% drop in U.S. profits amid some adverse life insurance claim trends. While these results temper our view, we applaud MFC's YTD 32% rise in the value of its new business and see continued strength in its Asia and WAM franchises driving above-peer top-line growth, providing the shares with a catalyst.