Stock analysts at Argus initiated coverage on shares of Brighthouse Financial Inc (NYSE:BHF) in a note issued to investors on Thursday. The firm set a “hold” rating on the stock.
Other equities analysts have also recently issued research reports about the company. Morgan Stanley started coverage on Brighthouse Financial in a report on Monday, August 14th. They set an “equal weight” rating and a $74.00 target price for the company. Sandler O’Neill started coverage on Brighthouse Financial in a report on Tuesday, September 5th. They set a “hold” rating and a $60.00 target price for the company. Wells Fargo & Company reiterated a “hold” rating and set a $64.00 target price on shares of Brighthouse Financial in a report on Tuesday, August 15th. Evercore ISI initiated coverage on Brighthouse Financial in a report on Wednesday, August 9th. They issued an “in-line” rating and a $68.00 price objective for the company. Finally, Keefe, Bruyette & Woods initiated coverage on Brighthouse Financial in a report on Monday, August 7th. They issued a “market perform” rating and a $65.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $69.45.
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In other news, Director C Edward Chaplin bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was acquired at an average cost of $55.03 per share, for a total transaction of $110,060.00. Following the purchase, the director now owns 2,000 shares of the company’s stock, valued at approximately $110,060. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
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.
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