Stock Rating Downgrade
In the last week the Value Trend Rating for Metlife Inc. (NYSE: MET) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Metlife Inc. (NYSE: MET) stock rose slightly by 0.2% on 3/18/24. The stock closed at $72.55. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months and has risen 2.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, MET is expected to continue to be a major Value Builder.
Metlife has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Metlife has a neutral Appreciation Score of 40 but a very high Power Rating of 85, resulting in the High Neutral Value Trend Rating.
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