RBC Capital analyst Mark Dwelle maintained a Hold rating on Brighthouse Financial (BHF) on November 6 and set a price target of $33.00. The company’s shares closed last Tuesday at $36.70.
According to TipRanks.com, Dwelle is a 5-star analyst with an average return of 9.5% and a 62.5% success rate. Dwelle covers the Financial sector, focusing on stocks such as International General Insurance Holdings, American Equity Investment Life, and American International Group.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Brighthouse Financial with a $30.67 average price target, which is a -16.7% downside from current levels. In a report issued on November 6, Morgan Stanley also maintained a Hold rating on the stock with a $32.00 price target.
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The company has a one-year high of $48.25 and a one-year low of $12.05. Currently, Brighthouse Financial has an average volume of 781.8K.
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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 segments: Annuities; Life; Run-Off; and Corporate & Others. The Annuities segment product offerings include fixed, structured, income and variable annuities. The Life segment manufactures products to serve its target segments through a broad independent distribution network. The Run-Off segment includes structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements and universal life with secondary guarantees. The Corporate & Other segment refers to the general account investments and the separate account assets of the company. The company was founded on August 1, 2016 and is headquartered in Charlotte, NC.
