Zacks Investment Research Upgrades Brighthouse Financial (BHF) to Hold

Brighthouse Financial (NASDAQ:BHF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday.

According to Zacks, “Brighthouse Financial, Inc. provides life insurance and annuity solutions primarily in the United States. The Company offers shield, variable, guaranteed, income, and fixed annuities as well as life insurance, retirement planning and financial advisory services. Brighthouse Financial, Inc. is based in Charlotte, North Carolina. “

A number of other research firms also recently weighed in on BHF. Bank of America upgraded shares of Brighthouse Financial from an “underperform” rating to a “neutral” rating and set a $63.00 target price on the stock in a report on Friday, September 8th. Argus started coverage on shares of Brighthouse Financial in a report on Thursday, September 21st. They set a “hold” rating on the stock. FBR & Co reiterated a “neutral” rating on shares of Brighthouse Financial in a report on Tuesday, October 10th. Goldman Sachs Group assumed coverage on shares of Brighthouse Financial in a report on Wednesday, October 18th. They set a “neutral” rating and a $63.00 price target on the stock. Finally, B. Riley reissued a “neutral” rating on shares of Brighthouse Financial in a research report on Monday, November 6th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $66.43.

Brighthouse Financial (NASDAQ:BHF) opened at $60.63 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.47 and a current ratio of 0.47. Brighthouse Financial has a one year low of $52.75 and a one year high of $75.00. The firm has a market cap of $7,200.00 and a price-to-earnings ratio of -2.58.

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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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