JPMorgan Chase & Co. cut shares of Brighthouse Financial (NASDAQ:BHF) from a neutral rating to an underweight rating in a research report sent to investors on Tuesday, MarketBeat.com reports. They currently have $61.00 price target on the stock.
Several other research firms have also weighed in on BHF. Goldman Sachs Group initiated 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. FBR & Co restated a neutral rating on shares of Brighthouse Financial in a research report on Tuesday, October 10th. Sandler O’Neill initiated 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. ValuEngine downgraded shares of Brighthouse Financial from a strong-buy rating to a buy rating in a report on Thursday, November 9th. Finally, B. Riley reaffirmed a neutral rating on shares of Brighthouse Financial in a report on Monday, November 6th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of $66.43.
Shares of Brighthouse Financial (NASDAQ:BHF) traded up $0.98 during mid-day trading on Tuesday, reaching $59.49. 563,700 shares of the company’s stock were exchanged, compared to its average volume of 669,367. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.47 and a quick ratio of 0.47. Brighthouse Financial has a fifty-two week low of $52.75 and a fifty-two week high of $75.00.
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.
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