FBR & Co Reaffirms “Neutral” Rating for Brighthouse Financial, Inc. (BHF)
A number of other research firms have also recently issued reports on BHF. Citigroup Inc. restated a sell rating and set a $50.00 price target on shares of Brighthouse Financial in a report on Wednesday, August 9th. Credit Suisse Group assumed coverage on shares of Brighthouse Financial in a report on Monday, August 7th. They set a neutral rating and a $71.00 price target for the company. Keefe, Bruyette & Woods assumed coverage on shares of Brighthouse Financial in a report on Monday, August 7th. They set a market perform rating and a $65.00 price target for the company. Royal Bank Of Canada started coverage on shares of Brighthouse Financial in a report on Monday, August 7th. They set a sector perform rating and a $77.00 price target for the company. Finally, Wells Fargo & Company started 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. One analyst has rated the stock with a sell rating and nine have given a hold rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $67.44.
Shares of Brighthouse Financial (NASDAQ BHF) traded down 0.41% on Tuesday, hitting $60.18. The company’s stock had a trading volume of 213,775 shares. Brighthouse Financial has a 52 week low of $52.75 and a 52 week high of $75.00. The stock’s 50 day moving average price is $57.70 and its 200 day moving average price is $55.84.
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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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