Brighthouse Fin (BHF) Upgraded to “Neutral” by Bank of America Corporation
Brighthouse Fin (NASDAQ:BHF) was upgraded by Bank of America Corporation from an “underperform” rating to a “neutral” rating in a research report issued on Friday, StockTargetPrices.com reports. The firm currently has a $63.00 price target on the stock. Bank of America Corporation’s price target points to a potential upside of 18.87% from the company’s previous close.
A number of other research firms have also recently issued reports on BHF. Citigroup Inc. reaffirmed a “sell” rating and issued a $50.00 price objective on shares of Brighthouse Fin in a research report on Wednesday, August 9th. Credit Suisse Group began coverage on Brighthouse Fin in a research report on Monday, August 7th. They issued a “neutral” rating and a $71.00 price objective for the company. FBR & Co reaffirmed a “market perform” rating and issued a $72.00 price objective on shares of Brighthouse Fin in a research report on Monday, August 7th. Keefe, Bruyette & Woods began coverage on Brighthouse Fin in a research report on Monday, August 7th. They issued a “market perform” rating and a $65.00 price objective for the company. Finally, Royal Bank Of Canada began coverage on Brighthouse Fin in a research report on Monday, August 7th. They issued a “sector perform” rating and a $77.00 price objective for the company. One analyst has rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Brighthouse Fin currently has an average rating of “Hold” and an average target price of $67.44.
Shares of Brighthouse Fin (NASDAQ BHF) traded up 1.09% on Friday, reaching $53.58. The company’s stock had a trading volume of 377,318 shares. The company’s 50 day moving average is $60.25 and its 200-day moving average is $54.26. Brighthouse Fin has a 1-year low of $52.95 and a 1-year high of $75.00.
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Brighthouse Fin Company Profile
Brighthouse Financial, Inc is a provider of life insurance and annuity products in the United States. The Company offers a range of products and services, which include variable, fixed, index-linked and income annuities, as well as variable, universal, term and whole life products. These products and services are marketed through various third party retail distribution channels in the United States.
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