MetLife-Spinoff Brighthouse Financial Impresses Analyst With Business Mix Improvements
MetLife-Spinoff Brighthouse Financial Impresses Analyst With Business Mix Improvements
Shares of Brighthouse Financial Inc (NASDAQ:BHF) remained highly volatile in early trading on Monday.
Brighthouse Financial股票（NASDAQ：BHF）在週一早盤仍然非常波動。
The stock has lost 23% year to date on weaker capital generation and uncertainties around the ongoing free cash flow trends, according to Keefe, Bruyette & Woods.
據Keefe，Bruyette＆Woods稱，由於資本產生減弱和自由現金流趨勢不確定性，該股票今年迄今已經下跌23％。
The Brighthouse Financial Analyst: Ryan Krueger upgraded the rating for Brighthouse Financial from Underperform to Market Perform, while trimming the price target from $48 to $47.
Brighthouse Financial分析師Ryan Krueger將評級從表現不佳升級到市場表現，並將價格目標從48美元下調至47美元。
The Brighthouse Financial Thesis: Although there are no major catalysts for the stock ahead, the company is making gradual progress in improving its business mix, Krueger said in the upgrade note.
Krueger在升級報告中表示，儘管該股票前景不明朗，但該公司正在逐步改善其業務組合，並取得了進展。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
Brighthouse Financial has also "strengthened legacy variable annuity hedging in recent years," the analyst wrote. The company's capital position remains solid, with a risk-based capital ratio of 415%-435% versus its target of 400%+, "and $1.3b of holdco liquidity relative to $250m of annual fixed charges," he added.
分析師寫道，Brighthouse Financial近年來還在“加強舊的可變年金保值”，公司的資本狀況穩健，風險資本比率爲415％-435％，目標爲400％+，He還補充道：“保持$1.3B的持有公司流動性，相對於每年的固定費用$250M。
Referring to investor concerns around Brighthouse Financial's free cash flows, Krueger said that the stock is "now trading at a more reasonable 2025E free cash flow yield of 13%."
Krueger提到投資者對Brighthouse Financial的自由現金流的擔憂，並指出該股票的“2025E自由現金流收益率現在更爲合理，爲13％。”
BHF Price Action: Shares of Brighthouse Financial had risen by 1.5% to $41.65 at the time of publication on Monday.
截至週一發表時，Brighthouse Financial的股票價格上漲1.5％，至41.65美元。
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Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。