Brighthouse Financial Inc (BHF) Receives Average Recommendation of “Hold” from Analysts
Shares of Brighthouse Financial Inc (NYSE:BHF) have received an average recommendation of “Hold” from the fourteen brokerages that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $68.92.
A number of analysts have issued reports on the company. J P Morgan Chase & Co assumed coverage on Brighthouse Financial in a report on Monday, July 24th. They set a “neutral” rating and a $78.00 price target for the company. Citigroup Inc. assumed coverage on Brighthouse Financial in a report on Monday, August 7th. They set a “sell” rating for the company. Argus assumed coverage on Brighthouse Financial in a report on Thursday, September 21st. They set a “hold” rating for the company. Barclays PLC assumed coverage on Brighthouse Financial in a report on Tuesday, August 8th. They set an “overweight” rating and a $72.00 price target for the company. Finally, Evercore ISI assumed coverage on Brighthouse Financial in a report on Wednesday, August 9th. They set an “in-line” rating and a $68.00 price target for the company.
Brighthouse Financial (NYSE BHF) opened at 62.12 on Friday. Brighthouse Financial has a 12 month low of $52.75 and a 12 month high of $75.00. The company’s 50-day moving average price is $58.53 and its 200 day moving average price is $60.12.
In other Brighthouse Financial news, Director C Edward Chaplin purchased 2,000 shares of the firm’s stock in a transaction on Wednesday, September 13th. The stock was bought at an average cost of $55.03 per share, with a total value of $110,060.00. Following the acquisition, the director now directly owns 2,000 shares of the company’s stock, valued at $110,060. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
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About Brighthouse Financial
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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