In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Buy rating on Metlife (MET), with a price target of $60. The company’s shares closed yesterday at $39.52, close to its 52-week low of $38.90.
According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 1.1% and a 50.5% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.
Metlife has an analyst consensus of Hold, with a price target consensus of $52.67.
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The company has a one-year high of $55.21 and a one-year low of $38.90. Currently, Metlife has an average volume of 6.91M.
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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.
