Are Brighthouse Financial Inc (BHF) shares a good deal now?

While Brighthouse Financial Inc has overperformed by 1.75%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BHF rose by 11.28%, with highs and lows ranging from $56.24 to $39.24, whereas the simple moving average fell by -6.21% in the last 200 days.

On February 23, 2024, Morgan Stanley Downgraded Brighthouse Financial Inc (NASDAQ: BHF) to Underweight. A report published by Keefe Bruyette on December 15, 2023, Downgraded its rating to ‘Underperform’ for BHF. Goldman also Downgraded BHF shares as ‘Sell’, setting a target price of $43 on the company’s shares in a report dated September 21, 2023. Wells Fargo April 12, 2022d its ‘Underweight’ rating to ‘Equal Weight’ for BHF, as published in its report on April 12, 2022. Jefferies’s report from January 26, 2022 suggests a price prediction of $52 for BHF shares, giving the stock a ‘Hold’ rating. Wolfe Research also rated the stock as ‘Outperform’.

Analysis of Brighthouse Financial Inc (BHF)

Further, the quarter-over-quarter decrease in sales is -94.24%, showing a negative trend in the upcoming months.

Brighthouse Financial Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -22.23% is sufficient for you to turn a profit off your investment.

The average volume for any stock is also a very valuable indicator of volatility, and BHF has an average volume of 500.95K. On a monthly basis, the volatility of the stock is set at 2.84%, whereas on a weekly basis, it is put at 3.80%, with a loss of -3.98% over the past seven days. Furthermore, long-term investors anticipate a median target price of $52.50, showing growth from the present price of $46.57, which can serve as yet another indication of whether BHF is worth investing in or should be passed over.

How Do You Analyze Brighthouse Financial Inc Shares?

In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.19%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 82.15% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

BHF shares are owned by institutional investors to the tune of 82.15% at present.

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