KD Logo

MET stock rated a Buy by TD Cowen

In a filing, Metlife Inc revealed its Affiliate Separate Account SPI acquired Company’s shares for reported $39053.0 on Oct 28 ’24. In the deal valued at $82.39 per share,474 shares were bought.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Separate Account 149 bought 29 shares, generating $2,460 in total proceeds.

Before that, Separate Account 149 bought 27 shares. Metlife Inc shares valued at $2,189 were divested by the Affiliate at a price of $81.09 per share.

TD Cowen initiated its Metlife Inc [MET] rating to a Buy in a research note published on October 09, 2024; the price target was $97. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. Goldman also remained covering MET and has increased its forecast on January 08, 2024 with a “Buy” recommendation from previously “Neutral” rating.

Price Performance Review of MET

On Tuesday, Metlife Inc [NYSE:MET] saw its stock fall -0.52% to $78.15. Over the last five days, the stock has lost -5.65%. Metlife Inc shares have risen nearly 18.18% since the year began. Nevertheless, the stocks have risen 26.54% over the past one year. While a 52-week high of $86.94 was reached on 10/15/24, a 52-week low of $58.89 was recorded on 02/05/24. SMA at 50 days reached $80.67, while 200 days put it at $73.66.

Levels Of Support And Resistance For MET Stock

The 24-hour chart illustrates a support level at 77.43, which if violated will result in even more drops to 76.72. On the upside, there is a resistance level at 78.87. A further resistance level may holdings at 79.60. The Relative Strength Index (RSI) on the 14-day chart is 33.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.20%. Stochastics %K at 22.21% indicates the stock is a holding.

How much short interest is there in Metlife Inc?

A steep rise in short interest was recorded in Metlife Inc stocks on 2024-10-15, growing by 0.88 million shares to a total of 8.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 7.55 million shares. There was a rise of 10.42%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on October 05, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $71 price target.

Most Popular