MetLife (MET) has risen sharply, recording gains of 8.36% in the past 4 weeks. However, the stock has corrected -0.18% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 10.6% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.96% and the 50-Day Moving Average is 4.8%.The 200 Day SMA reached 2.95% MetLife, Inc. is up 4.9% in the last 3-month period. Year-to-Date the stock performance stands at -6.58%.
MetLife (MET) : Currently there are 8 street experts covering MetLife (MET) stock. The most bullish and bearish price target for the stock is $62 and $44 respectively for the short term. The average price target of all the analysts comes to $51. The estimated standard deviation from the target is $6.
For the current week, the company shares have a recommendation consensus of Buy. MetLife (NYSE:MET): stock was range-bound between the intraday low of $43.54 and the intraday high of $44.22 after having opened at $44.15 on Fridays session. The stock finally closed in the red at $44.15, a loss of -1.51%. The stock remained in the red for the whole trading day. The total traded volume was 7,347,058 shares. The stock failed to cross $44.22 in Fridays trading. The stocks closing price on Thursday was $44.5.
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.