Market Overview

UPDATE: Citigroup Initiates MetLife at Neutral on Return and Capitalization Headwinds

Share:
Related MET
Earnings Scheduled For May 4, 2016
Unum Group Says Josh Nelson To Join As CFO Of Its Colonial Life Unit
Financial Stocks, The Perpetual Whipping Boy, Are Set To Outperform (Seeking Alpha)

Citigroup initiated coverage on MetLife, Inc. (NYSE: MET) with a Neutral rating and a $37.00 price target.

Citigroup commented, "MET has a strong global insurance franchise, excess capital, and is trading at a discount to the life group. However, given recent lackluster business performance and regulatory uncertainty, we expect the stock to remain “cheap” until returns and capital generation begin to improve."

MetLife closed at $36.05 on Wednesday.

Latest Ratings for MET

DateFirmActionFromTo
May 2016JP MorganMaintainsOverweight
Feb 2016FBR CapitalMaintainsOutperform
Feb 2016BarclaysMaintainsOverweight

View More Analyst Ratings for MET
View the Latest Analyst Ratings

Posted-In: CitigroupAnalyst Color Initiation Intraday Update Analyst Ratings

 

Related Articles (MET)

View Comments and Join the Discussion!