Brighthouse Financial Inc (BHF) Gets a Hold Rating from Morgan Stanley


In a report released today, Nigel Dally from Morgan Stanley maintained a Hold rating on Brighthouse Financial Inc (BHF), with a price target of $41. The company’s shares closed last Monday at $35.04.

According to TipRanks.com, Dally is a 4-star analyst with an average return of 9.8% and a 60.9% success rate. Dally covers the Financial sector, focusing on stocks such as AXA Equitable Holdings Inc, Prudential Financial Inc, and Lincoln National Corp.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Brighthouse Financial Inc with a $37.33 average price target, a 6.4% upside from current levels. In a report issued on August 7, RBC Capital also maintained a Hold rating on the stock with a $44 price target.

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The company has a one-year high of $47.33 and a one-year low of $28.52. Currently, Brighthouse Financial Inc has an average volume of 1.14M.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BHF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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