Fintel reports that on April 5, 2023,
Piper Sandler
maintained
coverage of Brighthouse Financial (NASDAQ:BHF) with
a Neutral recommendation.
Analyst Price Forecast Suggests 39.09% Upside
As of March 30, 2023,
the average one-year price target for Brighthouse Financial is $58.14.
The forecasts range from a low of $49.49 to a high of $67.20.
The average price target represents an increase of 39.09% from its latest reported closing price of $41.80.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Brighthouse Financial
is $8,491MM, an increase of 0.32%.
The projected annual non-GAAP EPS
is $14.62.
What are Other Shareholders Doing?
BI Asset Management Fondsmaeglerselskab A
holds 2K shares
representing 0.00% ownership of the company.
Allworth Financial
holds 0K shares
representing 0.00% ownership of the company.
In it’s prior filing, the firm reported owning 0K shares, representing
an increase
of 1.32%.
The firm
decreased
its portfolio allocation in BHF by 41.34% over the last quarter.
TMAAX – Thrivent Moderately Aggressive Allocation Fund
holds 11K shares
representing 0.02% ownership of the company.
In it’s prior filing, the firm reported owning 24K shares, representing
a decrease
of 115.08%.
The firm
decreased
its portfolio allocation in BHF by 57.37% over the last quarter.
Laffer Investments
holds 0K shares
representing 0.00% ownership of the company.
No change in the last quarter.
Assetmark
holds 34K shares
representing 0.05% ownership of the company.
In it’s prior filing, the firm reported owning 38K shares, representing
a decrease
of 11.96%.
The firm
decreased
its portfolio allocation in BHF by 99.90% over the last quarter.
What is the Fund Sentiment?
There are 769 funds or institutions reporting positions in Brighthouse Financial.
This is an increase
of
22
owner(s) or 2.95% in the last quarter.
Average portfolio weight of all funds dedicated to BHF is 0.15%,
an increase
of 8.00%.
Total shares owned by institutions decreased
in the last three months by 0.52% to 69,614K shares.
The put/call ratio of BHF is 0.71, indicating a
bullish
outlook.
Brighthouse Financial Background Information
(This description is provided by the company.)
Brighthouse Financial, Inc. (Brighthouse Financial) is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S.,1 the company specializes in products designed to help people protect what they’ve earned and ensure it lasts.
See all Brighthouse Financial regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
