RBC Capital analyst Mark Dwelle reiterated a Hold rating on Brighthouse Financial today and set a price target of $64.00. The company’s shares opened today at $47.91.
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According to TipRanks, Dwelle is a 5-star analyst with an average return of 15.6% and a 68.15% success rate.
In addition to RBC Capital, Brighthouse Financial also received a Hold from Evercore ISI’s Thomas Gallagher in a report issued on October 9. However, on October 8, Barclays maintained a Buy rating on Brighthouse Financial (NASDAQ: BHF).
Based on Brighthouse Financial’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $790 million and a net profit of $85 million. In comparison, last year the company earned a revenue of $1.41 billion and had a net profit of $34 million
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