Breaking: B. Riley FBR Reaffirms $49 Target Price per Share On Brighthouse Financial (BHF) Shares, Reaffirms Their Original Neutral Rating

July 16, 2018 - By Matthew Richard

Brighthouse Financial (BHF) Rating Reaffirmed

The financial firm has just set a target price of $49 on Brighthouse Financial (BHF) shares. This is 19.13 % from the last stock price. In a report sent to investors and clients on 16 July, B. Riley FBR maintained their Neutral rating on shares of BHF.

Brighthouse Financial, Inc. (NASDAQ:BHF) Ratings Coverage

Among 11 analysts covering Brighthouse Financial Inc (BHF), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. Brighthouse Financial Inc has $61.0 highest and $40.5 lowest target. $56.05’s average target is 36.28% above currents $41.13 stock price. Brighthouse Financial Inc had 16 analyst reports since February 13, 2018 according to SRatingsIntel. Barclays Capital maintained Brighthouse Financial, Inc. (NASDAQ:BHF) rating on Monday, July 9. Barclays Capital has “Overweight” rating and $60 target. The firm has “Underperform” rating given on Wednesday, June 13 by Credit Suisse. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, February 13. The company was maintained on Monday, May 14 by FBR Capital. FBR Capital maintained Brighthouse Financial, Inc. (NASDAQ:BHF) rating on Monday, May 7. FBR Capital has “Hold” rating and $5900 target. Sandler O’Neill maintained the stock with “Hold” rating in Monday, April 2 report. Sandler O’Neill maintained the shares of BHF in report on Thursday, February 15 with “Hold” rating. The stock has “Hold” rating by Wells Fargo on Tuesday, June 19. The company was maintained on Wednesday, July 11 by Morgan Stanley. Wells Fargo maintained it with “Hold” rating and $5900 target in Friday, March 23 report.

The stock increased 1.49% or $0.6 during the last trading session, reaching $41.13. About 516,144 shares traded. Brighthouse Financial, Inc. (BHF) has 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await Brighthouse Financial, Inc. (NASDAQ:BHF) to report earnings on August, 6. BHF’s profit will be $243.18M for 5.07 P/E if the $2.03 EPS becomes a reality. After $2.36 actual earnings per share reported by Brighthouse Financial, Inc. for the previous quarter, Wall Street now forecasts -13.98 % negative EPS growth.

Brighthouse Financial, Inc. provides life insurance and annuity solutions in the United States. The company has market cap of $4.93 billion. It offers shield, variable, guaranteed income builder, income, and fixed annuities; and permanent and term life insurance products. It currently has negative earnings. The firm was incorporated in 2016 and is based in Charlotte, North Carolina.

More news for Brighthouse Financial, Inc. (NASDAQ:BHF) were recently published by: Seekingalpha.com, which released: “Future Prospects Brighter For Brighthouse Financial” on June 27, 2018. Seekingalpha.com‘s article titled: “Greenlight Capital: Are The Moves Too Late?” and published on July 16, 2018 is yet another important article.

Brighthouse Financial, Inc. (NASDAQ:BHF) Ratings Chart

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