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Brighthouse Financial Inc(BHF-Q)
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Wells Fargo Sticks to Its Hold Rating for Brighthouse Financial (BHF)

TipRanks - Mon Jun 27, 2022
In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Hold rating on Brighthouse Financial (BHFResearch Report), with a price target of $50.00. The company's shares closed last Monday at $41.63, close to its 52-week low of $38.82.

According to TipRanks.com, Greenspan is a 5-star analyst with an average return of 11.2% and a 59.5% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and W. R. Berkley Corporation.

The word on The Street in general, suggests a Hold analyst consensus rating for Brighthouse Financial with a $55.00 average price target.

See today’s best-performing stocks on TipRanks >> Based on Brighthouse Financial's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.74 billion and net profit of $640 million. In comparison, last year the company earned revenue of $938 million and had a GAAP net loss of $585 million. 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 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. Read More on BHF:

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