Deutsche Bank Initiates Coverage on Brighthouse Financial (BHF)

Equities researchers at Deutsche Bank initiated coverage on shares of Brighthouse Financial (NASDAQ:BHF) in a note issued to investors on Tuesday. The firm set a “buy” rating and a $70.00 price target on the stock. Deutsche Bank’s target price suggests a potential upside of 19.64% from the company’s current price.

Several other equities research analysts have also recently commented on the stock. ValuEngine cut shares of Brighthouse Financial from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 9th. Sandler O’Neill assumed coverage on shares of Brighthouse Financial in a research report on Tuesday, September 5th. They set a “hold” rating and a $60.00 price target for the company. Argus assumed coverage on shares of Brighthouse Financial in a research report on Thursday, September 21st. They set a “hold” rating for the company. B. Riley reiterated a “neutral” rating on shares of Brighthouse Financial in a research report on Monday, November 6th. Finally, Goldman Sachs Group assumed coverage on shares of Brighthouse Financial in a research report on Wednesday, October 18th. They set a “neutral” rating and a $63.00 price target for the company. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the stock. Brighthouse Financial currently has a consensus rating of “Hold” and a consensus target price of $66.43.

Brighthouse Financial (NASDAQ BHF) traded up $0.84 on Tuesday, reaching $58.51. 716,000 shares of the company’s stock traded hands, compared to its average volume of 722,200. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.26. The firm has a market cap of $7,010.00 and a PE ratio of -2.49. Brighthouse Financial has a 52-week low of $52.75 and a 52-week high of $75.00.

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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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