KBW analyst Ryan Krueger maintained a Buy rating on Corebridge Financial, Inc. (CRBG – Research Report) yesterday and set a price target of $31.00. The company’s shares closed yesterday at $23.69.
According to TipRanks, Krueger is a 5-star analyst with an average return of 12.5% and a 72.00% success rate. Krueger covers the Financial sector, focusing on stocks such as Ameriprise Financial, Lincoln National, and Metlife.
Corebridge Financial, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $29.43.
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Based on Corebridge Financial, Inc.’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $5.51 billion and a net profit of $2.1 billion. In comparison, last year the company earned a revenue of $1.31 billion and had a net profit of $2.35 billion
Based on the recent corporate insider activity of 52 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.
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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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