MetLife (MET) Shares are Down -3.74%

MetLife (MET) has risen sharply, recording gains of 4.95% in the past 4 weeks. However, the stock has corrected -3.74% 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 2.4% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

MetLife (NYSE:MET): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.21 and $40.19 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.14, notching a gain of 4.05% for the day. The total traded volume was 14,322,257 . The stock had closed at $39.54 on the previous day.

The stock has recorded a 20-day Moving Average of 1.69% and the 50-Day Moving Average is 1.78%. MetLife, Inc. has dropped 3.49% during the last 3-month period . Year-to-Date the stock performance stands at -12.32%.

MetLife (MET) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $62 and the lowest price target forecast is $44. The average forecast of all the analysts is $50.89 and the expected standard deviation is $5.46.


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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