Market Overview

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

Share:
Related MET
The Week Ahead: Earnings, Earnings, And More Earnings
Brighthouse Financial: Near-Term Headwinds Abound For This MetLife Spinoff
Rnc Capital Management Llc Buys DowDuPont Inc, SunTrust Banks Inc, MetLife Inc, Sells Microchip ... (GuruFocus)

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
Oct 2017FBR CapitalDowngradesBuyNeutral
Oct 2017Morgan StanleyMaintainsEqual-Weight
Aug 2017Credit SuisseMaintainsNeutral

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!
Loading...

Partner Center

Loading...