Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities as retirement savings and income solutions to retail investors in the United States. It offers variable, fixed index, and fixed annuities. The company's variable annuities offer investors a selection of funds, including domestic and international funds, actively and passively managed funds, and professionally managed asset allocation funds, as well as small, mid, and large-cap funds. It also offers traditional guaranteed investment contracts, Federal Home Loan Bank funding agreements, and medium-term note funding agreements; life insurance products; investment management; and capital and risk management services. The company sells its products through a distribution network that includes independent broker-dealers, wirehouses, regional broker-dealers, banks, independent registered investment advisors, third-party platforms, and insurance agents. Jackson Financial Inc. was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. The company was incorporated in 2006 and is based in Lansing, Michigan offices with additional offices in Franklin, Tennessee and Chicago, Illinois. Jackson Financial Inc. operates as a subsidiary of Prudential (US Holdco 1) Limited.
IPO Year: 2021
Exchange: NYSE
Website: jackson.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/14/2024 | $74.00 → $95.00 | In-line → Underperform | Evercore ISI |
| 9/5/2024 | $109.00 | Overweight | Barclays |
| 5/14/2024 | Outperform → Mkt Perform | Keefe Bruyette | |
| 2/28/2024 | $49.00 → $68.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 1/2/2024 | $55.00 | Buy → Hold | Jefferies |
| 3/3/2022 | $40.00 → $42.00 | Equal-Weight | Morgan Stanley |
| 1/26/2022 | $52.00 | Buy | Jefferies |
| 1/7/2022 | $38.00 → $40.00 | Equal-Weight | Morgan Stanley |
| 12/7/2021 | $38.00 | Overweight → Equal-Weight | Morgan Stanley |
| 12/3/2021 | $40.00 | Neutral | Goldman Sachs |