Metlife (MET) Gets a Buy Rating from KBW


In a report released yesterday, Ryan Krueger from KBW reiterated a Buy rating on Metlife (MET), with a price target of $56. The company’s shares closed yesterday at $45.46.

According to TipRanks.com, Krueger is a 4-star analyst with an average return of 11.0% and a 55.2% success rate. Krueger covers the Financial sector, focusing on stocks such as Prudential Financial Inc, Lincoln National Corp, and Ameriprise Financial.

The word on The Street in general, suggests a Hold analyst consensus rating for Metlife with a $52 average price target, a 14.4% upside from current levels. In a report issued on November 2, Wells Fargo also assigned a Buy rating to the stock with a $60 price target.

.

See today’s analyst top recommended stocks >>

Metlife’s market cap is currently $44.85B and has a P/E ratio of 8.91. The company has a Price to Book ratio of 0.87.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

MetLife, Inc. provides insurance and financial services to individual and institutional customers. It offers life insurance, annuities, automobile and homeowner’s insurance and retail banking services to individuals as well as group insurance, reinsurance and retirement and savings products and services.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts