Bank of America Cuts MetLife (NYSE:MET) Price Target to $99.00

MetLife (NYSE:MET) had its price target trimmed by Bank of America from $103.00 to $99.00 in a research report sent to investors on Tuesday,Benzinga reports. The brokerage currently has a buy rating on the financial services provider’s stock.

Several other brokerages have also recently issued reports on MET. Weiss Ratings cut shares of MetLife from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 9th. Mizuho reduced their price target on shares of MetLife from $100.00 to $93.00 and set an “outperform” rating on the stock in a research report on Monday. Keefe, Bruyette & Woods reissued a “moderate buy” rating and set a $87.00 price target on shares of MetLife in a research report on Thursday, March 26th. UBS Group increased their price target on shares of MetLife from $98.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Finally, Barclays reduced their price target on shares of MetLife from $92.00 to $89.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $93.38.

MetLife Trading Down 0.7%

NYSE MET opened at $77.01 on Tuesday. The firm’s 50-day moving average is $73.10 and its two-hundred day moving average is $76.88. MetLife has a 12 month low of $67.33 and a 12 month high of $83.85. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.20 and a quick ratio of 0.20. The stock has a market capitalization of $50.21 billion, a P/E ratio of 16.39, a PEG ratio of 0.69 and a beta of 0.74.

MetLife (NYSE:MET) last posted its earnings results on Wednesday, February 4th. The financial services provider reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.34 by $0.15. The company had revenue of $52.44 billion for the quarter, compared to analysts’ expectations of $31.43 billion. MetLife had a net margin of 4.38% and a return on equity of 21.81%. MetLife’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.08 earnings per share. On average, sell-side analysts anticipate that MetLife will post 9.65 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Activest Wealth Management raised its holdings in MetLife by 205.8% during the fourth quarter. Activest Wealth Management now owns 315 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 212 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its holdings in MetLife by 790.0% during the third quarter. Vermillion & White Wealth Management Group LLC now owns 356 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 316 shares in the last quarter. Sound Income Strategies LLC raised its holdings in MetLife by 58.9% during the fourth quarter. Sound Income Strategies LLC now owns 383 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 142 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in MetLife during the fourth quarter worth approximately $30,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in MetLife during the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 94.99% of the company’s stock.

Trending Headlines about MetLife

Here are the key news stories impacting MetLife this week:

• Positive Sentiment: High-profile concerts and stadium events continue to drive utilization and brand visibility for the MetLife naming rights asset — e.g., Usher & Chris Brown two-night R&B tour at MetLife. Usher and Chris Brown bring the ‘R&B Tour’ to MetLife for two-night event
• Positive Sentiment: MetLife Stadium will host major global exposure with the World Cup final halftime act (Coldplay) — a boost to worldwide brand recognition tied to MetLife’s stadium sponsorship. Coldplay Enters 2026 World Cup Final Halftime Show at MetLife Stadium After Costs, Branding Frustrations
• Neutral Sentiment: Local tie‑ins: coverage emphasizing the event’s significance to New Jersey soccer pros and fans may support long‑term local goodwill but has limited near‑term financial impact. 2026 World Cup at MetLife has special meaning for these NJ soccer pros
• Neutral Sentiment: Operational restrictions (no parking, pregame tailgating bans, temporary name‑change discussion) affect fan experience and logistics but don’t directly alter MetLife’s core insurance fundamentals. Pregame tailgating banned at 2026 FIFA World Cup US stadiums, including MetLife: reports
• Negative Sentiment: Multiple outlets report NJ Transit modeling very large fare hikes (estimates of $80–$100+ round trip and up to 700% increases in some scenarios), which has spurred intense political criticism and could damp fan sentiment or force emergency subsidies—an event-driven reputational/regulatory risk for stakeholders linked to MetLife Stadium. Trumpflation hits the World Cup: Fans face $80–$100 transit fares on top of $4,000-plus tickets
• Negative Sentiment: Federal and state leaders (Schumer, Hochul) and media outlets are publicly criticizing FIFA and transit plans, increasing the likelihood of political pressure or demands that others cover transit costs — heightening near‑term headline risk around the stadium. Chuck Schumer, Kathy Hochul Slam FIFA For $100 Train Tickets To MetLife Stadium, Urge Covering Transport For Fans Amid ‘$11 Billion Windfall’
• Negative Sentiment: An analyst action: Bank of America cut its MetLife price target to $99, a direct sell‑side signal pressuring the stock and likely contributing to today’s weaker trading. MetLife (NYSE:MET) Price Target Cut to $99.00 by Analysts at Bank of America

MetLife Company Profile

MetLife, Inc is a global provider of insurance, annuities and employee benefit programs. Headquartered in New York City, the company offers a range of risk protection and retirement solutions to individuals, employers and institutional clients. Its core businesses include life insurance, group benefits, retirement products such as annuities, and supplemental health products including dental and disability coverage.

In addition to traditional life and group insurance, MetLife provides workplace benefits and voluntary products distributed through employer-sponsored programs.