Is MetLife (MET) Still Attractive After Recent Share Price Rebound?
- This article examines whether MetLife, trading at around US$77.52, offers good value or whether much of the opportunity may already be reflected in the current price.
- The stock has returned 4.3% over the last 7 days and 12.1% over the last 30 days, while the year-to-date return is a 3.5% decline and the 1-year return is 11.3%, with 3-year and 5-year returns of 37.6% and 44.0% respectively.
- Recent price moves have occurred against a backdrop of ongoing interest in large US insurers and continued attention on how financial stocks respond to interest rates, capital requirements and regulatory developments. Market commentary has also focused on how companies like MetLife manage their product mix and capital allocation decisions to remain…
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