Raymond James upgrades Brighthouse Financial Inc (BHF) rating to a Strong buy

In a filing, Brighthouse Financial Inc revealed its EVP,Chief Mktg.& Dist. Officer Lambert Myles unloaded Company’s shares for reported $0.49 million on Jun 03 ’25. In the deal valued at $58.66 per share,8,400 shares were sold. As a result of this transaction, Lambert Myles now holds 27,377 shares worth roughly $1.58 million.

Then, Lambert Myles bought 8,400 shares, generating $492,732 in total proceeds.

Before that, Huss Vonda bought 3,000 shares. Brighthouse Financial Inc shares valued at $178,530 were divested by the Officer at a price of $59.51 per share.

Raymond James upgraded its Brighthouse Financial Inc [BHF] rating to a Strong buy from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid February from “an Underweight” to “an Equal weight”. Jefferies also remained covering BHF and has decreased its forecast on February 03, 2025 with a “Hold” recommendation from previously “Buy” rating. Barclays revised its rating on January 29, 2025. It rated BHF as “an Overweight” which previously was an “an Equal weight”.

Price Performance Review of BHF

On Tuesday, Brighthouse Financial Inc [NASDAQ:BHF] saw its stock fall -2.07% to $57.67. Over the last five days, the stock has lost -2.45%. Brighthouse Financial Inc shares have risen nearly 20.05% since the year began. Nevertheless, the stocks have risen 34.59% over the past one year.

How much short interest is there in Brighthouse Financial Inc?

A steep rise in short interest was recorded in Brighthouse Financial Inc stocks on 2025-05-15, dropping by -0.23 million shares to a total of 1.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 1.78 million shares. There was a decline of -14.73%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 05, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $48 price target.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.