Wells Fargo analyst Elyse Greenspan maintained a Hold rating on Brighthouse Financial Inc (BHF) today and set a price target of $45. The company’s shares closed yesterday at $42.83.
According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 5.0% and a 63.6% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and AXA Equitable Holdings Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Brighthouse Financial Inc with a $40.50 average price target.
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Based on Brighthouse Financial Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.92 billion and net profit of $1.44 billion. In comparison, last year the company earned revenue of $2.07 billion and had a GAAP net loss of $67 million.
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Brighthouse Financial, Inc. operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following business segments: Annuities and Life; Run-Off; and Corporate & Others.
