Corebridge Financial Inc. (NYSE: CRBG) Increases 9.20% Over A Month, But Analysts Still See Upside Potential

Corebridge Financial Inc. (NYSE:CRBG) currently has a daily average trading volume of 3.09M but it saw 2930411 shares traded in last market. With a market cap of 18.62B USD, the company’s current market price of $31.45 came rising about 0.64 while comparing to the previous closing price of $31.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.66 and as low as $18.70. In the recent trading on the day, stock has struck highest price mark of $31.06 while lowest mark touched by it was $31.49.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which initiated the stock as “Buy” in its note to investors issued on October 09, 2024, recommending a price target of $35 for it. Citigroup issued its recommendations for the stock as it resumed the price target for the stock in the range of between $18 and $19.

Over the week, CRBG’s stock price is moving 1.22% up while it is 9.20% when we observe its performance for the past one month. Year-to-date it is 45.20% up and over the past year, the stock is showing an upside performance of 62.96%.

Currently, Corebridge Financial Inc.’s total number of outstanding shares is 621.66M. Company’s return on investment (ROI) stands at 9.05% and return on equity (ROE) at 18.88%. It has a price to earnings ratio (P/E ratio) of 9.80 while having a 5.68 of forward P/E ratio. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 1.72 while price to sale or P/S ratio amounts to 1.03. Its return on asset (ROA) is 0.59% on average.