Metlife Inc (NYSE:MET) target price raised to $51.00, reported today by Credit Suisse Group AG
- Updated: October 7, 2016
Boasting a price of $47.15, Metlife Inc (NYSE:MET) traded -0.51% lower on the day. With the last stock price close up 8.90% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Metlife Inc has recorded a 50-day average of $43.39 and a two hundred day average of $43.08. Volume of trade was down over the average, with 2,150,115 shares of MET changing hands under the typical 7,482,960
Metlife Inc (NYSE:MET) had its price target upped to $51.00 by Credit Suisse Group AG in a report released Friday October 07, 2016. The new stock price target implies a possible upside of 0.08% from the company's last stock close price.
With a total market value of $0, Metlife Inc has price-earnings ratio of 12.33 with a one year low of $35.00 and a one year high of $52.45 .
A total of 14 equity analysts have released a research note on MET. Five equity analysts rating the company a strong buy, six equity analysts rating the company a buy, six equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $49.71.
More About Metlife Inc (NYSE:MET)
MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Company's segments include Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA). Its Retail segment is organized into two businesses: Life & Other, and Annuities. Its Group, Voluntary & Worksite Benefits insurance products and services include life, dental, group short- and long-term disability, property and casualty, long-term care, accidental death and dismemberment, critical illness, vision, and accident and health coverages, as well as prepaid legal plans. Its Corporate Benefit Funding segment provides funding and financing solutions that help institutional customers manage liabilities primarily associated with their qualified, nonqualified and welfare employee benefit programs using a spectrum of life and annuity-based insurance and investment products.
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