Do Analysts Agree Thursday on Bright Health Group Inc (BHG) Stock's Target Price?

Thursday, December 01, 2022 11:05 AM | InvestorsObserver Analysts

Mentioned in this article

Do Analysts Agree Thursday on Bright Health Group Inc (BHG) Stock's Target Price?

Analysts who follow Bright Health Group Inc (BHG) on average expect it to gain 123.82% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Bright Health Group Inc an Analyst Ranking of 1, which means it ranks higher than 1 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating BHG a Hold today. Find out what this means to you and get the rest of the rankings on BHG!

See Full BHG Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Bright Health Group Inc Stock Today?

Bright Health Group Inc (BHG) stock has risen 3.34% while the S&P 500 is lower by -0.17% as of 11:00 AM on Thursday, Dec 1. BHG is up $0.03 from the previous closing price of $0.99 on volume of 767,905 shares. Over the past year the S&P 500 has fallen -9.74% while BHG is lower by -69.64%. BHG lost -$2.57 per share the over the last 12 months. Click Here to get the full Stock Report for Bright Health Group Inc stock.