In a report released today, Elyse Greenspan from Wells Fargo maintained a Buy rating on Metlife (MET), with a price target of $55. The company’s shares closed yesterday at $47.41, close to its 52-week high of $48.92.
According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 4.7% and a 63.5% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and AXA Equitable Holdings Inc.
Currently, the analyst consensus on Metlife is a Hold with an average price target of $50.
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Metlife’s market cap is currently $45.45B and has a P/E ratio of 9.60. The company has a Price to Book ratio of 0.86.
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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. The company operates through the following segments: U.
