Unveiling 4 Analyst Insights On Bread Finl Hldgs
Portfolio Pulse from Benzinga Insights
Bread Finl Hldgs (NYSE:BFH) has received mixed analyst ratings over the last three months, with a shift towards a more cautious outlook in the last 30 days. The average 12-month price target for BFH has been raised to $34.75, indicating a 14.57% increase from the previous target. Analysts from BMO Capital and Barclays have adjusted their price targets and ratings, reflecting changing market dynamics and company performance. Bread Financial, known for its credit card and loyalty program services, faces challenges in revenue growth, profitability, and asset utilization, with financial indicators lagging behind industry averages.
April 26, 2024 | 9:01 pm
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NEUTRAL IMPACT
Bread Finl Hldgs has seen a cautious shift in analyst ratings with a new average price target of $34.75. Financial challenges include negative revenue trends and below-average profitability metrics.
The mixed analyst ratings and the adjustment of price targets reflect a cautious but not entirely negative outlook on BFH. The financial challenges such as negative revenue growth and below-average profitability metrics could dampen investor enthusiasm, leading to a neutral short-term impact on the stock price. The increase in the average price target suggests some optimism, but the cautious stance by analysts, especially with lowered ratings and price targets by some, indicates uncertainty about the company's short-term performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100