The Analyst Verdict: Corebridge Financial In The Eyes Of 7 Experts
Portfolio Pulse from Benzinga Insights
Corebridge Financial (NYSE:CRBG) has been the subject of recent analyst evaluations, with a mix of bullish and bearish sentiments. Analysts have set a 12-month average price target of $34.71, reflecting a 6.11% increase from the previous target. Despite a decline in revenue growth, Corebridge Financial shows strong profitability and effective cost management.
August 19, 2024 | 6:01 pm
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NEUTRAL IMPACT
Corebridge Financial has received mixed analyst ratings, with a 12-month average price target of $34.71, indicating a potential upside. Despite a significant revenue decline, the company maintains strong profitability metrics.
The mixed analyst ratings suggest uncertainty in the short-term price movement of CRBG. The increase in the average price target indicates some positive sentiment, but the revenue decline poses a risk. The company's strong profitability metrics provide a buffer, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100