In a report released today, Elyse Greenspan from Wells Fargo maintained a Buy rating on Corebridge Financial, Inc. (CRBG – Research Report), with a price target of $28.00. The company’s shares closed yesterday at $23.90.
According to TipRanks, Greenspan is a 5-star analyst with an average return of 10.5% and a 61.75% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Progressive, and Allstate.
Currently, the analyst consensus on Corebridge Financial, Inc. is a Strong Buy with an average price target of $28.00, which is a 17.15% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $30.00 price target.
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CRBG market cap is currently $14.78B and has a P/E ratio of 8.14.
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRBG in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Corebridge Financial, Inc. (CRBG) Company Description:
Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments namely Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other.
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