Based on the current market data and recent developments, here's a concise analysis of CRBG:
Current Market Status The stock is currently trading at $32.77 during regular market hours, showing a decline of -2.93% today.
Technical Analysis The stock is showing mixed signals with an RSI of 66.43, indicating slightly overbought conditions but not at extreme levels. The stock is trading above its 20-day moving average of $31.85, suggesting short-term upward momentum.
Recent Developments
Analyst Consensus Recent analyst actions have been generally positive:
Short-term Outlook Given the current price of $32.77, the stock is trading between its Fibonacci support of $32.07 and pivot point of $33.16. With multiple analysts setting higher price targets and positive technical indicators, selling at current levels may not be optimal.
Recommendation Based on the technical setup, analyst upgrades, and current price levels relative to targets, holding CRBG appears more prudent than selling at this point. The stock shows potential for further upside with strong analyst support and institutional backing.
Based on the provided data and market context, here's a price prediction analysis for CRBG stock in 2025:
CRBG stock is expected to reach $36-37 by end of 2025, representing approximately 10-13% upside from current levels, driven by strong fundamentals and positive analyst sentiment. The stock has shown steady growth momentum since late 2024, with improving operational metrics and institutional support.
Recent insider selling activity and mixed institutional positioning (222 institutions adding shares vs 174 reducing positions) suggest some near-term volatility, but the long-term trajectory remains positive supported by the company's strong market position in retirement solutions and insurance products.
Note: This is a prediction based on current market conditions and available data. Actual stock performance may vary significantly. Investment decisions should be made as part of a diversified strategy after conducting thorough research and consulting with financial advisors.
The S1 support level for CRBG Stock is $32.58 ,The R1 resistant level for CRBG Stock is $34.28.
As of the end of day on 2025-02-05, the price of CRBG Stock was $33.23.
The target price for CRBG Stock according to analyst rating is 37.27, with the highest price target at 43.00 and the lowest at 35.00. Analysts have a Strong Buy rating on CRBG Stock overall.
The market cap of CRBG is $23.0B.
Based on the provided data and current market conditions, here's a comprehensive analysis of CRBG's valuation:
Valuation Analysis: CRBG appears fairly valued considering several key metrics:
Recent Performance: The stock is currently trading at $32.81, showing a -2.81% decline in regular market trading. The pre-market saw a -3.50% drop, indicating some selling pressure.
Analyst Sentiment: Recent analyst coverage shows mixed but generally positive sentiment:
Business Fundamentals:
Market Position: CRBG maintains a strong market position in retirement solutions and insurance products, with diversified revenue streams across Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments.
Based on this analysis, CRBG appears reasonably valued at current levels, with its low P/E ratio and solid dividend yield providing some margin of safety. However, recent performance metrics and market sentiment suggest limited near-term upside potential.
Corebridge Financial, Inc. is a provider of retirement solutions and insurance products in the United States. The Company partners with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. The Company’s Individual Retirement segment consists of fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. Its Group Retirement segment consists of record-keeping, plan administrative and compliance services, financial planning and advisory solutions offered in-plan, along with proprietary and limited non-proprietary annuities, advisory and brokerage products offered out-of-plan. Its Life Insurance includes products in the United States, including term life and universal life insurance. Its Institutional Markets segment consists of stable value wrap (SVW) products, structured settlement, and pension risk transfer (PRT) annuities, corporate markets products and guaranteed investment contracts (GICs).
Based on the available data and market analysis, here's the price prediction for CRBG stock by 2030:
CRBG stock is projected to reach approximately $65-70 by 2030, driven by its strong position in retirement solutions and insurance markets. The company's strategic focus on Individual Retirement segment and institutional markets business shows promising growth potential. Recent analyst ratings maintain positive outlook with Wells Fargo setting a $37 price target, indicating steady upward trajectory.
CRBG has a total of 5700 employees.