Corebridge Financial Inc [CRBG] stock is trading at $32.43, up 1.50%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CRBG shares have gain 9.52% over the last week, with a monthly amount glided 8.14%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Corebridge Financial Inc [NYSE: CRBG] stock has seen the most recent analyst activity on January 10, 2025, when Deutsche Bank upgraded its rating to a Buy and also boosted its price target to $40 from $33. Previously, Barclays upgraded its rating to Overweight on January 06, 2025, and kept the price target unchanged to $37. On October 09, 2024, TD Cowen initiated with a Buy rating and assigned a price target of $35 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $33 on September 05, 2024. UBS started tracking with a Buy rating for this stock on June 29, 2023, and assigned it a price target of $22.
Corebridge Financial Inc [CRBG] stock has fluctuated between $23.01 and $34.66 over the past year. Currently, Wall Street analysts expect the stock to reach $33 within the next 12 months. Corebridge Financial Inc [NYSE: CRBG] shares were valued at $32.43 at the most recent close of the market. An investor can expect a potential return of 1.76% based on the average CRBG price forecast.
Analyzing the CRBG fundamentals
Corebridge Financial Inc [NYSE:CRBG] reported sales of 14.40B for the trailing twelve months, which represents a drop of -66.27%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.1 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.15 points at the first support level, and at 31.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.69, and for the 2nd resistance point, it is at 32.96.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 1.37.
Transactions by insiders
Recent insider trading involved AMERICAN INTERNATIONAL GROUP, 10% Owner, that happened on Dec 09 ’24 when 121.96 million shares were sold. 10% Owner, AMERICAN INTERNATIONAL GROUP, completed a deal on Nov 07 ’24 to sell 30.0 million shares. Meanwhile, 10% Owner AMERICAN INTERNATIONAL GROUP, sold 5.0 million shares on Sep 16 ’24.
