Buying Corebridge Financial (CRBG)? Here's What You Must Know.

Large-cap Finance company Corebridge Financial has logged a 2.9% change today on a trading volume of 3,903,036. The average volume for the stock is 3,501,231.

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company is now trading -15.5% away from its average analyst target price of $25.33 per share. The 12 analysts following the stock have set target prices ranging from $21.0 to $29.0, and on average give Corebridge Financial a rating of buy.

Over the last 52 weeks, CRBG stock has risen 2.3%, which amounts to a -13.9% difference compared to the S&P 500. The stock's 52 week high is $22.11 whereas its 52 week low is $14.01 per share. Based on Corebridge Financial's average net margin growth of 23.2% over the last 2 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 19,653,000 2,206,000 11 -67.65
2022 24,697,000 8,479,000 34 466.67
2020 15,062,000 866,000 6
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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