Brighthouse Financial, Inc. (BHFWV) Rating Reiterated by Citigroup Inc.
Brighthouse Financial, Inc. (NASDAQ:BHFWV)‘s stock had its “sell” rating reiterated by investment analysts at Citigroup Inc. in a report issued on Wednesday. They currently have a $50.00 price target on the stock. Citigroup Inc.’s price target indicates a potential downside of 22.56% from the stock’s current price.
A number of other equities analysts also recently issued reports on the company. J P Morgan Chase & Co reiterated a “neutral” rating and set a $78.00 price target on shares of Brighthouse Financial in a research report on Monday, July 24th. Keefe, Bruyette & Woods started coverage on Brighthouse Financial in a research report on Monday. They set a “market perform” rating and a $65.00 price target on the stock. Credit Suisse Group started coverage on Brighthouse Financial in a report on Monday. They set a “neutral” rating and a $71.00 target price for the company. Wells Fargo & Company started coverage on Brighthouse Financial in a report on Monday. They set a “market perform” rating for the company. Finally, FBR & Co reissued a “market perform” rating and set a $72.00 target price on shares of Brighthouse Financial in a report on Monday. One research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $68.83.
Brighthouse Financial (BHFWV) traded up 0.89% on Wednesday, reaching $64.57. 335,368 shares of the company’s stock traded hands. Brighthouse Financial has a 12 month low of $11.22 and a 12 month high of $75.00. The firm’s 50-day moving average is $51.65 and its 200 day moving average is $51.65.
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