What 4 Analyst Ratings Have To Say About MetLife
Portfolio Pulse from Benzinga Insights
MetLife (NYSE:MET) has received 4 analyst ratings in the last quarter, with 1 bullish and 3 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average price target given by these analysts is $76.25, which is significantly higher than the current price of $62.18, suggesting an implied upside. Over the past month, this target has increased by 3.04%. Analyst ratings are periodic evaluations from financial experts based on company performance and market conditions.
November 17, 2023 | 1:00 pm
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POSITIVE IMPACT
MetLife has received favorable analyst ratings with an average price target of $76.25, suggesting a significant upside from the current price of $62.18. The target has also increased by 3.04% over the past month.
The unanimous positive ratings from analysts, combined with an average price target that is substantially higher than the current stock price, generally lead to a positive short-term impact on the stock. The recent increase in the target price further supports the potential for stock appreciation. However, as analyst ratings are opinions and not guarantees, the confidence level is not at the maximum.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100