Brighthouse Financial Inc (BHF) Receives a Sell from Citigroup

By Austin Angelo

Citigroup analyst Suneet Kamath maintained a Sell rating on Brighthouse Financial Inc (BHFResearch Report) on September 13 and set a price target of $33. The company’s shares closed last Monday at $40.63.

According to TipRanks.com, Kamath is a 3-star analyst with an average return of 3.5% and a 52.6% success rate. Kamath covers the Financial sector, focusing on stocks such as Prudential Financial Inc, Ameriprise Financial, and FGL Holdings.

Currently, the analyst consensus on Brighthouse Financial Inc is a Moderate Sell with an average price target of $36.17.

See today’s analyst top recommended stocks >>

The company has a one-year high of $47.33 and a one-year low of $28.52. Currently, Brighthouse Financial Inc has an average volume of 1.07M.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BHF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Brighthouse Financial, Inc. operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following business segments: Annuities and Life; Run-Off; and Corporate & Others.