Brighthouse Financial Inc (NYSE:BHF) was upgraded by equities research analysts at Bank of America Corporation from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Friday, MarketBeat reports. The firm presently has a $63.00 price objective on the stock. Bank of America Corporation’s target price would suggest a potential upside of 15.51% from the stock’s current price.

Other research analysts have also recently issued research reports about the stock. Wells Fargo & Company began coverage on shares of Brighthouse Financial in a research note on Monday, August 7th. They issued a “market perform” rating and a $71.00 target price for the company. Evercore ISI began coverage on shares of Brighthouse Financial in a research note on Wednesday, August 9th. They issued an “in-line” rating and a $68.00 target price for the company. Citigroup Inc. assumed coverage on shares of Brighthouse Financial in a research note on Monday, August 7th. They issued a “sell” rating for the company. FBR & Co assumed coverage on shares of Brighthouse Financial in a research report on Monday, August 7th. They issued a “market perform” rating and a $72.00 price objective for the company. Finally, Keefe, Bruyette & Woods assumed coverage on shares of Brighthouse Financial in a research report on Monday, August 7th. They issued a “market perform” rating and a $65.00 price objective for the company. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the company’s stock. Brighthouse Financial presently has a consensus rating of “Hold” and an average target price of $69.45.

Shares of Brighthouse Financial (NYSE BHF) traded up 2.91% during mid-day trading on Friday, reaching $54.54. 1,039,377 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $60.25 and its 200-day moving average price is $54.26. Brighthouse Financial has a 12-month low of $52.95 and a 12-month high of $75.00.

TRADEMARK VIOLATION WARNING: This piece was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another site, it was copied illegally and republished in violation of United States and international copyright and trademark law. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/09/08/brighthouse-financial-inc-bhf-upgraded-at-bank-of-america-corporation.html.

Brighthouse Financial 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.

Analyst Recommendations for Brighthouse Financial (NYSE:BHF)

Receive News & Ratings for Brighthouse Financial Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brighthouse Financial Inc and related companies with MarketBeat.com's FREE daily email newsletter.