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Enter Symbol:
Rating: MET
Outperform $68

Metlife, Inc. (NYSE: MET) upgraded to Outperform with price target $68 by RBC Capital Mkts

Monday,  Jun 22, 2015  8:25 AM ET by Kristen Bailey

RBC Capital Mkts upgraded Metlife, Inc. (NYSE: MET) to Outperform with price
target $68. RBC Capital Mkts rated Metlife, Inc. (NYSE: MET) to Sector Perform with price target $50 on 02/14/2013, when the price was $36.33.

MetLife, Inc. (MetLife) is a provider of insurance and other financial services with operations throughout the United States, and the regions of Latin America, Europe and Asia Pacific. Through the Company?s domestic and international subsidiaries and affiliates, it offers life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals, as well as group insurance, reinsurance and retirement and savings products and services to corporations, and other institutions. MetLife operates in four business segments: Institutional, Individual, International and Auto & Home, as well as Corporate & Other. In May 2008, MetLife Bank, N.A., a unit of the Company, completed the acquisition of EverBank Reverse Mortgage LLC, from its parent, EverBank Financial Corp. EverBank Reverse Mortgage will be a wholly owned subsidiary of MetLife Bank. In May 2009, the Company sold Cova Corp., which is the parent company of Texas Life Insurance Co.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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