MetLife (MET) : The consensus on MetLife (MET) based on 11 analyst recommendation on the company stock is 1.73, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
MetLife (MET) : The consensus price target for MetLife (MET) is $50.78 for the short term with a standard deviation of $5.47. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $62, however, the pessimist price target for the company is $44.
For the current week, the company shares have a recommendation consensus of Buy. MetLife (NYSE:MET): The stock was completely flat for the day, closing at $40.15 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $40.27, the stock touched an intraday high of $40.45 and a low of $39.94. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $40.15. The total trading volume on Thursday was 7,735,711.
In a related news,The officer (EVP, Global Employee Benefits) of Metlife Inc, Morris Maria R sold 2,000 shares at $42.96 on August 2, 2016. The Insider selling transaction had a total value worth of $85,920. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include Retail; Group, Voluntary & Worksite Benefits, and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA). In addition, MetLifes Corporate & Other includes MetLife Home Loans LLC (MLHL), the surviving, non-bank entity of the merger of MetLife Bank, National Association (MetLife Bank) with and into MLHL, and other business activities. Through its subsidiaries and affiliates, it operates in the United States, Japan, Latin America, Asia, Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.