Analysts fell to the sidelines weighing in on BNY Mellon (NYSE:BK), Brighthouse Financial Inc (NASDAQ:BHF) and Atlas Financial (NASDAQ:AFH) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
BNY Mellon (BK)
Sandler O’Neill analyst Jeff Harte reiterated a Hold rating on BNY Mellon on July 9 and set a price target of $57. The company’s shares closed yesterday at $53.03.
According to TipRanks.com, Harte is a 3-star analyst with an average return of 5.5% and a 53.6% success rate. Harte covers the Financial sector, focusing on stocks such as Goldman Sachs Group Inc, Evercore Partners Inc, and Bank of America.
BNY Mellon has an analyst consensus of Moderate Buy, with a price target consensus of $63.50, a 19.7% upside from current levels. In a report issued on July 12, Raymond James also downgraded the stock to Hold.
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Brighthouse Financial Inc (BHF)
Sandler O’Neill analyst John Barnidge reiterated a Hold rating on Brighthouse Financial Inc on July 10 and set a price target of $47. The company’s shares closed yesterday at $40.53, close to its 52-week low of $39.24.
According to TipRanks.com, Barnidge is a 3-star analyst with an average return of 3.6% and a 43.5% success rate. Barnidge covers the Financial sector, focusing on stocks such as American Equity Investment Life, Heritage Insurance Holdings, and Prudential Financial Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Brighthouse Financial Inc with a $50.50 average price target, a 24.6% upside from current levels. In a report issued on July 5, Wells Fargo also maintained a Hold rating on the stock with a $50 price target.
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Atlas Financial (AFH)
In a report issued on July 11, Paul Newsome from Sandler O’Neill reiterated a Hold rating on Atlas Financial, with a price target of $9. The company’s shares closed yesterday at $8.35, close to its 52-week low of $8.05.
According to TipRanks.com, Newsome is a 4-star analyst with an average return of 10.6% and a 76.2% success rate. Newsome covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Cincinnati Financial Corp.
Currently, the analyst consensus on Atlas Financial is a Hold with an average price target of $11.
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