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 63 and 47 with a mean TP of 53.9. Given that the stocks previous close was at 51.75 this would indicate that there is a potential upside of 4.2%. There is a 50 day moving average of 53.32 and the 200 day MA is 48.88. The market capitalisation for the company is $3,676m. You can visit the company’s website by visiting: https://www.brighthousefinancial.com
The potential market cap would be $3,829m 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.
