Brighthouse Financial found using ticker (BHF) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 73 and 47 calculating the mean target price we have 57.5. Given that the stocks previous close was at 43.3 this would imply there is a potential upside of 32.8%. The 50 day MA is 50.86 while the 200 day moving average is 50.79. The company has a market capitalisation of $3,460m. You can visit the company’s website by visiting: https://www.brighthousefinancial.com
The potential market cap would be $4,595m based on the market concensus.
Brighthouse Financial provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for contract holders’ needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security. The Life segment provides term, universal, whole, and variable life policies for policyholders’ needs for financial security and protected wealth transfer. The Run-off segment manages structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements, and universal life with secondary guarantees. The company was incorporated in 2016 and is based in Charlotte, North Carolina.
