Why Analysts Are Turning Bullish on Corebridge Financial, Inc. (CRBG)

Group 1 - Corebridge Financial, Inc. (NYSE:CRBG) is considered a cheap stock with a 'Buy' rating from nearly 70% of analysts, indicating a median price target of $39, which suggests an upside potential of 27.49% [1] - Analyst John Barnidge from Piper Sandler reaffirmed a 'Buy' rating with a price target of $40, reflecting a potential upside of nearly 31% [1] - Yaron Kinar from Mizuho initiated coverage with an 'Outperform' rating and a price target of $38, highlighting the undervaluation of the life insurance sector despite credit concerns [2] Group 2 - Mizuho projects Corebridge Financial to achieve an accelerating normalized EPS growth of 16% in 2026 and 19% in 2027, up from 6% in the current year, which exceeds current forecasts [3] - Corebridge Financial operates in four segments: Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets, and is based in Texas [4]