The leading market experts have placed a mean price target of $49.0000 on MetLife, Inc. (NYSE:MET) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.3500 a share for the upcoming quarter and $4.7000 for the current fiscal.
The technical analysis of MetLife, Inc. Common Stock plainly substantiates that the 50-day moving average of MetLife, Inc. Common Stock is $41.8657, and stock is trading $1.1144 points away or +2.6618% from its 50-day moving average of $41.8657. Further it is trading $0.3025 or +0.7088% away its 200-day moving average of $42.6776. MetLife, Inc. (NYSE:MET) 52-week high is $52.4500 and the 52-week low is $35.0000.
This explains if the stock moves $-9.4699, it will post a 52-week high. In event of +22.8003% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of MetLife, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, MetLife, Inc. (NYSE:MET) ratio came in at 11.2957.
The stock last ended the trading session at $42.9801 and registered a market cap of $47.23B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. MetLife, Inc. (NYSE:MET) PEG ratio is at 1.0500.
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