Brighthouse Financial Inc to Post Q4 2017 Earnings of $1.76 Per Share, B. Riley Forecasts (BHF)
Brighthouse Financial Inc (NASDAQ:BHF) – Investment analysts at B. Riley issued their Q4 2017 earnings per share (EPS) estimates for shares of Brighthouse Financial in a research report issued to clients and investors on Monday. B. Riley analyst R. Binner expects that the company will post earnings per share of $1.76 for the quarter. B. Riley currently has a “Neutral” rating on the stock.
Other research analysts also recently issued reports about the company. Barclays started coverage on Brighthouse Financial in a report on Tuesday, August 8th. They set an “overweight” rating and a $72.00 price objective for the company. Evercore ISI started coverage on Brighthouse Financial in a report on Wednesday, August 9th. They set an “in-line” rating and a $68.00 price objective for the company. Citigroup reiterated a “sell” rating and set a $50.00 price objective on shares of Brighthouse Financial in a report on Wednesday, August 9th. Morgan Stanley started coverage on Brighthouse Financial in a report on Monday, August 14th. They set an “equal weight” rating and a $74.00 price objective for the company. Finally, Wells Fargo & Company reiterated a “hold” rating and set a $64.00 price objective on shares of Brighthouse Financial in a report on Tuesday, August 15th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $67.46.
In related news, Director C Edward Chaplin purchased 2,000 shares of the firm’s stock in a transaction on Wednesday, September 13th. The stock was purchased at an average cost of $55.03 per share, for a total transaction of $110,060.00. Following the completion of the purchase, the director now directly owns 2,000 shares in the company, valued at $110,060. The acquisition was disclosed in a legal filing with the SEC, which is available 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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