Brighthouse Financial Inc (BHF) Receives New Coverage from Analysts at Citigroup Inc.

Investment analysts at Citigroup Inc. started coverage on shares of Brighthouse Financial Inc (NYSE:BHF) in a report issued on Monday, August 7th, Marketbeat.com reports. The firm set a “sell” rating on the stock.

A number of other equities research analysts also recently issued reports on the stock. J P Morgan Chase & Co initiated coverage on shares of Brighthouse Financial in a report on Monday, July 24th. They issued a “neutral” rating and a $78.00 target price for the company. Credit Suisse Group started coverage on shares of Brighthouse Financial in a report on Monday, August 7th. They issued a “neutral” rating and a $71.00 target price for the company. FBR & Co started coverage on shares of Brighthouse Financial in a research note on Monday, August 7th. They set a “market perform” rating and a $72.00 price objective for the company. Keefe, Bruyette & Woods started coverage on shares of Brighthouse Financial in a research note on Monday, August 7th. They set a “market perform” rating and a $65.00 price objective for the company. Finally, Royal Bank Of Canada started coverage on shares of Brighthouse Financial in a research note on Monday, August 7th. They set a “sector perform” rating and a $77.00 price objective for the company. One analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $71.22.

Shares of Brighthouse Financial (NYSE BHF) traded up 2.64% during trading on Monday, hitting $57.45. 2,680,992 shares of the stock traded hands. The company’s 50 day moving average is $53.64 and its 200 day moving average is $53.64. Brighthouse Financial has a 52-week low of $11.22 and a 52-week high of $75.00.

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About Brighthouse Financial

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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