Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Metlife (MET) and State Street (STT).
Metlife (MET)
In a report released yesterday, Andrew Kligerman from Credit Suisse maintained a Buy rating on Metlife, with a price target of $46.00. The company’s shares closed last Friday at $39.94.
According to TipRanks.com, Kligerman is a 2-star analyst with an average return of 1.0% and a 46.9% success rate. Kligerman covers the Financial sector, focusing on stocks such as American International Group, Brighthouse Financial, and Ameriprise Financial.
Currently, the analyst consensus on Metlife is a Strong Buy with an average price target of $44.20, which is a 12.7% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $47.00 price target.
See today’s analyst top recommended stocks >>
State Street (STT)
In a report released yesterday, Susan Roth Katzke from Credit Suisse maintained a Hold rating on State Street, with a price target of $68.00. The company’s shares closed last Friday at $62.38.
According to TipRanks.com, Katzke is a 5-star analyst with an average return of 12.8% and a 67.4% success rate. Katzke covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., First Republic Bank, and Goldman Sachs Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for State Street with a $71.75 average price target, which is a 15.9% upside from current levels. In a report released yesterday, Deutsche Bank also maintained a Hold rating on the stock with a $63.00 price target.
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.
