MetLife (MET) has been under a strong bear grip, hence the stock is down -2.02% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4% in the past 1 week. The stock has risen by 3.31% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.22% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.16% and the fifty day Moving Average is 2.26%. MetLife, Inc. has dropped 7.85% during the last three month period . Year-to-Date the stock performance stands at -10.93%.
MetLife (MET) : The most positive equity analysts on MetLife (MET) expects the shares to touch $62, whereas, the least positive believes that the stock will trade at $44 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $50.63 with an expected fluctuation of $5.88 from the mean.
MetLife (NYSE:MET): stock turned positive on Friday. Though the stock opened at $41.49, the bulls momentum made the stock top out at $42.25 level for the day. The stock recorded a low of $41.472 and closed the trading day at $41.79, in the green by 1.16%. The total traded volume for the day was 7,953,177. The stock had closed at $41.31 in the previous days trading.
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.