|Over a month ago|
Brighthouse Financial price target raised to $46 from $39 at RBC Capital » 06:5805/1205/12/21
RBC Capital analyst Mark…
RBC Capital analyst Mark Dwelle raised the firm's price target on Brighthouse Financial to $46 from $39 but keeps a Sector Perform rating on the shares after its Q1 results. The company reported a "strong" earnings beat with another "excellent performance" from its alternative portfolio, the analyst tells investors in a research note. Dwelle adds that Brighthouse Financial's core results were respectable and COVID mortality impacts were modest relative to peers.
Brighthouse Financial reports Q1 adjusted EPS ex-items $4.36, consensus $2.53 » 16:2205/1005/10/21
"Brighthouse Financial reported strong results in the first quarter of 2021, including maintaining balance sheet strength, delivering solid sales, prudently managing our expenses and repurchasing more of our common stock," said Eric Steigerwalt, president and CEO, Brighthouse Financial. "I am very pleased with our sales results in the quarter. We reported record sales of both our flagship Shield Level Annuities and our variable annuities with FlexChoice Access. In addition, we grew life sales 44% on a quarter-over-quarter basis," Steigerwalt continued. "Reflecting on the quarter, I could not be prouder of the contributions from our employees and distribution partners to our strong results."
Brighthouse Financial price target raised to $46 from $40 at Barclays » 06:5704/1204/12/21
Barclays analyst Tracy…
Barclays analyst Tracy Benguigui raised the firm's price target on Brighthouse Financial to $46 from $40 and keeps an Underweight rating on the shares. Further yield curve steepening could drive valuation gains for life insurers in the near-term, Benguigui tells investors in a research note.
Brighthouse Financial price target raised to $47 from $37 at JPMorgan » 07:1204/0504/05/21
JPMorgan analyst Jimmy…
JPMorgan analyst Jimmy Bhullar raised the firm's price target on Brighthouse Financial to $47 from $37 and keeps an Underweight rating on the shares. The analyst's outlook for life insurance stocks is "less upbeat" following the group's "strong recent performance." He expects long-term business fundamentals to "stay lackluster," marked by weak return on equity, modest top-line growth, and "high tail risk." However, the prospect of further increases in interest rates and the government's support of credit are the key factors keeping Bhullar from being more cautious.
Brighthouse Financial upgraded to Neutral from Sell at Citi » 06:0003/3103/31/21
Citi analyst Suneet…
Citi analyst Suneet Kamath upgraded Brighthouse Financial to Neutral from Sell with a price target of $46, up from $35. The new target reflects an increase in Brighthouse''s excess capital level and an improved valuation for the variable annuity in-force block. The analyst feels the combination of elevated excess capital and the benefit of recent increases in equity markets on the VA block warrants a Neutral rating.
Brighthouse Financial upgraded to Neutral from Sell at Citi » 05:5703/3103/31/21
Citi analyst Suneet…
Citi analyst Suneet Kamath upgraded Brighthouse Financial to Neutral from Sell with a price target of $46, up from $35.
|Over a quarter ago|
Brighthouse Financial price target raised to $42 from $36 at Credit Suisse » 07:3403/1703/17/21
Credit Suisse analyst…
Credit Suisse analyst Andrew Kligerman raised the firm's price target on Brighthouse Financial to $42 from $36 and keeps a Neutral rating on the shares. Distributable earnings scenarios appear solid despite interest rate pressures, the analyst contends.
Brighthouse Financial shares undervalued, says Greenlight's Einhorn 09:1103/1103/11/21
Greenlight's Einhorn: BrightHouse to buy back 10%-15% of shares outstanding » 09:1103/1103/11/21
Einhorn expects BrightHouse to buy back 10%-15% of shares outstanding this year.
Association of Insurance & Financial Analysts to hold a virtual conference » 04:5503/0203/02/21
AIG, ACGL, MMC, ATH, AXS, HX, SLF, UNM, VOYA, MDWT, BRO, TFC, AEL, ALL, AMBC, BHF, BRP, CNO, HIG, MCO, MFC, PLMR, ROOT, SIGI, THG, IFC
46th Annual Virtual…
46th Annual Virtual Conference of AIFA 2021 will be held on March 1-2. Webcast Link