Brighthouse Financial, Inc. (NASDAQ:BHF) Receives Neutral Rating from B. Riley

B. Riley reissued their neutral rating on shares of Brighthouse Financial, Inc. (NASDAQ:BHF) in a report published on Monday, November 6th.

Other research analysts have also recently issued reports about the company. FBR & Co reiterated a market perform rating and issued a $72.00 price objective on shares of Brighthouse Financial in a report on Monday, August 7th. Citigroup Inc. started coverage on Brighthouse Financial in a report on Monday, August 7th. They issued a sell rating on the stock. Royal Bank Of Canada started coverage on Brighthouse Financial in a report on Monday, August 7th. They issued a sector perform rating and a $77.00 price objective on the stock. Keefe, Bruyette & Woods started coverage on Brighthouse Financial in a research note on Monday, August 7th. They set a market perform rating and a $65.00 price target on the stock. Finally, Wells Fargo & Company started coverage on Brighthouse Financial in a research note on Monday, August 7th. They set a market perform rating and a $71.00 price target on the stock. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of Hold and an average price target of $67.46.

Brighthouse Financial (BHF) traded down $0.16 during mid-day trading on Monday, hitting $57.29. The stock had a trading volume of 314,002 shares, compared to its average volume of 924,570. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.26. Brighthouse Financial has a 1-year low of $52.75 and a 1-year high of $75.00.

In related news, Director C Edward Chaplin acquired 2,000 shares of the business’s stock in a transaction dated Wednesday, September 13th. The shares were acquired at an average price of $55.03 per share, with a total value of $110,060.00. Following the completion of the transaction, the director now owns 2,000 shares of the company’s stock, valued at $110,060. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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Brighthouse Financial Company Profile

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.

Analyst Recommendations for Brighthouse Financial (NASDAQ:BHF)

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