Shares of F&G Annuities & Life Inc (Symbol: FG) have risen above the average analyst 12-month target price of $34.33, currently trading at $34.93 per share. Analysts may respond by either downgrading their valuation or adjusting their target price based on recent company developments.
Within the Zacks coverage universe, there are three analyst targets with a standard deviation of $1.154. The lowest target is set at $33.00 while the highest reaches $35.00. Currently, the breakdown of analyst ratings includes 1 “Strong Buy,” 3 “Hold,” and no “Sell” ratings, resulting in an average rating of 2.5 on a scale of 1 to 5.
This assessment invites investors to consider whether the current price reflects a temporary peak or if further gains are expected.
