John Hancock Financial Opprts Fund (NYSE:BTO) had its price target upped by TD Securities from $7.00 to $7.50 in a research report released on Thursday, Stock Target Advisor reports. TD Securities currently has a buy rating on the financial services provider’s stock.

Separately, National Bank Financial dropped their price objective on John Hancock Financial Opprts Fund from $8.00 to $7.50 in a research note on Monday, October 21st.

NYSE:BTO traded down $0.08 during trading hours on Thursday, hitting $34.96. 39,300 shares of the company’s stock traded hands, compared to its average volume of 56,795. John Hancock Financial Opprts Fund has a 52 week low of $25.81 and a 52 week high of $38.20. The business’s fifty day simple moving average is $32.55 and its two-hundred day simple moving average is $32.12.

Large investors have recently bought and sold shares of the stock. Capital Investment Advisory Services LLC boosted its stake in John Hancock Financial Opprts Fund by 1,498.0% during the third quarter. Capital Investment Advisory Services LLC now owns 1,598 shares of the financial services provider’s stock valued at $51,000 after buying an additional 1,498 shares during the period. Advisor Group Inc. boosted its stake in John Hancock Financial Opprts Fund by 40.3% during the second quarter. Advisor Group Inc. now owns 2,630 shares of the financial services provider’s stock valued at $85,000 after buying an additional 755 shares during the period. FNY Investment Advisers LLC bought a new stake in John Hancock Financial Opprts Fund during the second quarter valued at $129,000. Doliver Advisors LP bought a new stake in John Hancock Financial Opprts Fund during the second quarter valued at $237,000. Finally, Ladenburg Thalmann Financial Services Inc. boosted its stake in John Hancock Financial Opprts Fund by 4.1% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,438 shares of the financial services provider’s stock valued at $272,000 after buying an additional 333 shares during the period. 20.40% of the stock is owned by institutional investors.

About John Hancock Financial Opprts Fund

John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.

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