Equities researchers at Goldman Sachs Group, Inc. (The) assumed coverage on shares of Brighthouse Financial Inc (NYSE:BHF) in a report issued on Wednesday, October 18th. The firm set a “neutral” rating and a $63.00 price target on the stock. Goldman Sachs Group, Inc. (The)’s price objective points to a potential upside of 11.19% from the stock’s previous close.
Several other brokerages also recently issued reports on BHF. J P Morgan Chase & Co assumed coverage on shares of Brighthouse Financial in a research note on Monday, July 24th. They set a “neutral” rating and a $78.00 price objective on the stock. Citigroup Inc. began coverage on shares of Brighthouse Financial in a research note on Monday, August 7th. They issued a “sell” rating on the stock. Argus initiated coverage on shares of Brighthouse Financial in a report on Thursday, September 21st. They set a “hold” rating for the company. Barclays PLC assumed coverage on shares of Brighthouse Financial in a report on Tuesday, August 8th. They issued an “overweight” rating and a $72.00 price target for the company. Finally, Evercore ISI assumed coverage on shares of Brighthouse Financial in a research report on Wednesday, August 9th. They issued an “in-line” rating and a $68.00 price objective on the stock. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $68.92.
Shares of Brighthouse Financial (NYSE:BHF) traded down $1.16 during trading hours on Wednesday, hitting $56.66. 1,140,000 shares of the stock were exchanged, compared to its average volume of 834,403. Brighthouse Financial has a 1-year low of $52.75 and a 1-year high of $75.00.
COPYRIGHT VIOLATION WARNING: “Brighthouse Financial Inc (NYSE:BHF) Coverage Initiated by Analysts at Goldman Sachs Group, Inc. (The)” was originally reported by BBNS and is the sole property of of BBNS. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://baseballnewssource.com/markets/brighthouse-financial-inc-bhf-now-covered-by-goldman-sachs-group-inc-the/1722906.html.
In other Brighthouse Financial news, Director C Edward Chaplin bought 2,000 shares of the business’s stock in a transaction on Wednesday, September 13th. The shares were bought at an average cost of $55.03 per share, for a total transaction of $110,060.00. Following the transaction, the director now owns 2,000 shares in the company, valued at approximately $110,060. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
About Brighthouse Financial
Brighthouse Financial, Inc is a provider of life insurance and annuity products in the United States. The Company offers a range of products and services, which include variable, fixed, index-linked and income annuities, as well as variable, universal, term and whole life products. These products and services are marketed through various third party retail distribution channels in the United States.
Receive News & Ratings for Brighthouse Financial Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brighthouse Financial Inc and related companies with our FREE daily email newsletter.