Brokerage Firm Rating Update on MetLife (MET)

MetLife (MET) : The consensus on MetLife (MET) based on 10 analyst recommendation on the company stock is 1.8, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 5 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 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 $51 with an expected fluctuation of $6 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, Deutsche Bank downgrades their rating on the shares of MetLife (NYSE:MET). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on July 13, 2016.

MetLife (NYSE:MET): stock was range-bound between the intraday low of $42.65 and the intraday high of $43.24 after having opened at $42.91 on Wednesdays session. The stock finally closed in the red at $42.91, a loss of -0.02%. The stock remained in the red for the whole trading day. The total traded volume was 4,320,169 shares. The stock failed to cross $43.24 in Wednesdays trading. The stocks closing price on Thursday was $43.1.

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.

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