In a report released yesterday, Sanjay Sakhrani from KBW maintained a Hold rating on Bread Financial Holdings (BFH – Research Report), with a price target of $38.00. The company’s shares closed yesterday at $36.65.
Sakhrani covers the Financial sector, focusing on stocks such as Capital One Financial, American Express, and Bread Financial Holdings. According to TipRanks, Sakhrani has an average return of 13.2% and a 72.20% success rate on recommended stocks.
In addition to KBW, Bread Financial Holdings also received a Hold from JMP Securities’s David Scharf in a report issued today. However, on April 16, Seaport Global maintained a Buy rating on Bread Financial Holdings (NYSE: BFH).
Based on Bread Financial Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.25 billion and a net profit of $44 million. In comparison, last year the company earned a revenue of $1.23 billion and had a GAAP net loss of $133 million
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 BFH 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.
Bread Financial Holdings (BFH) Company Description:
Alliance Data Systems Corp. engages in the provision of data-driven and transaction-based marketing and customer loyalty solutions. It operates through the following segments: LoyaltyOne, Epsilon and Card Services. The LoyaltyOne segment provides coalition and short-term loyalty programs. The Epsilon segment offers end-to-end, integrated marketing solutions. The Card Services offers risk management solutions, account origination, funding, transaction processing, customer care, collections, and marketing services for the company’s private label and co-brand credit card programs. The company was founded in 1996 and is headquartered in Columbus, Ohio.
Read More on BFH:
