share_log

RBC Capital Maintains Corebridge Financial(CRBG.US) With Buy Rating, Raises Target Price to $35

Futu News ·  Nov 8 10:32  · Ratings

RBC Capital analyst Scott Heleniak maintains $Corebridge Financial (CRBG.US)$ with a buy rating, and adjusts the target price from $32 to $35.

According to TipRanks data, the analyst has a success rate of 80.7% and a total average return of 20.8% over the past year.

AnalystRecentRatingAutoNews_81947976234437_20241106_0c2b9b40033ed7dcd426c621019a283ef27cf7d3_1731033099475782_nn_en

Furthermore, according to the comprehensive report, the opinions of $Corebridge Financial (CRBG.US)$'s main analysts recently are as follows:

  • The significant outperformance in earnings per share was supported by contributions from most major segments. The presence of multiple robust earnings sources is anticipated to bolster the business's long-term performance through various market cycles.

  • The company's operating earnings surpassed estimates due to robust performance from Life Insurance and solid outcomes across all other segments.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment