Evercore ISI Initiates Coverage on Brighthouse Financial Inc (NYSE:BHF)

Equities researchers at Evercore ISI initiated coverage on shares of Brighthouse Financial Inc (NYSE:BHF) in a report released on Wednesday, August 9th, Marketbeat.com reports. The firm set an “in-line” rating and a $68.00 price target on the stock. Evercore ISI’s price objective suggests a potential upside of 18.36% from the company’s current price.

BHF has been the subject of several other reports. J P Morgan Chase & Co initiated coverage on shares of Brighthouse Financial in a report on Monday, July 24th. They set a “neutral” rating and a $78.00 price objective for the company. Credit Suisse Group initiated coverage on shares of Brighthouse Financial in a report on Monday, August 7th. They set a “neutral” rating and a $71.00 target price for the company. Barclays PLC initiated coverage on shares of Brighthouse Financial in a research report on Tuesday, August 8th. They issued an “overweight” rating and a $72.00 price target for the company. Keefe, Bruyette & Woods initiated coverage on shares of Brighthouse Financial in a research report on Monday, August 7th. They issued a “market perform” rating and a $65.00 price target for the company. Finally, Royal Bank Of Canada initiated coverage on shares of Brighthouse Financial in a research report on Monday, August 7th. They issued a “sector perform” rating and a $77.00 price target for the company. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $71.22.

Shares of Brighthouse Financial (NYSE BHF) opened at 57.45 on Wednesday. The firm has a 50-day moving average of $53.64 and a 200 day moving average of $53.64. Brighthouse Financial has a 1-year low of $54.94 and a 1-year 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.

Analyst Recommendations for Brighthouse Financial (NYSE:BHF)

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