A share price of Corebridge Financial Inc [CRBG] is currently trading at $34.13, up 4.05%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CRBG shares have gain 5.76% over the last week, with a monthly amount glided 12.86%, 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 23, 2025, when BMO Capital Markets initiated its Outperform rating and assigned the stock a price target of $43. Previously, Deutsche Bank upgraded its rating to Buy on January 10, 2025, and elevated its price target to $40. On January 06, 2025, upgrade upgraded it’s rating to Overweight but maintained its price target of $37 on the stock. TD Cowen started tracking the stock assigning a Buy rating and suggested a price target of $35 on October 09, 2024. Barclays initiated its recommendation with a Equal Weight and recommended $33 as its price target on September 05, 2024. In a note dated June 29, 2023, UBS initiated an Buy rating and provided a target price of $22 on this stock.
Corebridge Financial Inc experienced fluctuations in its stock price throughout the past year between $23.01 and $34.66. Currently, Wall Street analysts expect the stock to reach $33 within the next 12 months. Corebridge Financial Inc [NYSE: CRBG] shares were valued at $34.13 at the most recent close of the market. An investor can expect a potential drop of -3.31% based on the average CRBG price forecast.
Analyzing the CRBG fundamentals
Trailing Twelve Months sales for Corebridge Financial Inc [NYSE:CRBG] were 14.40B which represents -66.27% decline. 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 33.26 points at the first support level, and at 32.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.66, and for the 2nd resistance point, it is at 35.20.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.35, the price to book ratio is 1.44.
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.
