Bright Health Group (NYSE:BHG) Now Covered by Citigroup

Citigroup initiated coverage on shares of Bright Health Group (NYSE:BHG) in a report issued on Monday morning, Analyst Price Targets reports. The brokerage issued a neutral rating and a $16.00 target price on the stock.

A number of other analysts also recently issued reports on BHG. Piper Sandler started coverage on shares of Bright Health Group in a report on Monday. They set an overweight rating and a $24.00 price target on the stock. The Goldman Sachs Group started coverage on shares of Bright Health Group in a research note on Monday. They issued a buy rating on the stock. Finally, Royal Bank of Canada started coverage on shares of Bright Health Group in a research note on Monday. They issued an outperform rating and a $22.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of $19.71.

Shares of NYSE BHG opened at $12.38 on Monday. Bright Health Group has a 52-week low of $11.64 and a 52-week high of $17.93.

In other news, major shareholder Scott D. Sandell bought 1,944,444 shares of the firm’s stock in a transaction on Monday, June 28th. The shares were bought at an average price of $18.00 per share, for a total transaction of $34,999,992.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

About Bright Health Group

Bright Health Group, Inc, an integrated care delivery company, engages in the delivery and financing of health insurance plans in the United States. It operates in two segments, NeueHealth and Bright HealthCare. The company offers individual and family, Medicare, and employers insurance plans. It also operates 28 managed and affiliated risk-bearing primary care clinics.

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Analyst Recommendations for Bright Health Group (NYSE:BHG)

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