Brighthouse Financial with ticker code (BHF) now have 10 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 66 and 49 calculating the mean target price we have 56.3. Given that the stocks previous close was at 40.28 this would indicate that there is a potential upside of 39.8%. The 50 day MA is 48.32 and the 200 day moving average is 50.61. The company has a market capitalisation of $3,158m. Company Website: https://www.brighthousefinancial.com
The potential market cap would be $4,414m 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.
