{"id":18317,"date":"2023-06-05T08:28:30","date_gmt":"2023-06-05T12:28:30","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/metlife-stock-has-a-44-upside-to-its-pre-inflation-peak\/"},"modified":"2023-06-05T08:28:32","modified_gmt":"2023-06-05T12:28:32","slug":"metlife-stock-has-a-44-upside-to-its-pre-inflation-peak","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=18317","title":{"rendered":"MetLife Stock Has A 44% Upside To Its Pre-Inflation Peak"},"content":{"rendered":"
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MetLife stock (NYSE: MET) currently trades around $50 per share, around 30% below (more than 44% upside) its level of approximately $72 on April 20, 2022 (pre-inflation shock high), and has the potential for sizable gains. MetLife
\n MET
\n <\/fbs-ticker> saw its stock trading at around $63 at the end of June 2022, just before the Fed started increasing rates, and is still 20% below that level. In comparison, the S&P 500 gained about 13% during this period. The stock price has suffered over recent months due to the fear of an economic crisis after the collapse of Silicon Valley Bank, coupled with lower-than-expected results in Q4 2022 and Q1 2023.<\/p>\n

Returning to the pre-inflation shock level means that MET stock will have to gain more than 44% from here. However, we do not believe that will materialize in a quarter or two because of investor concerns over a potential recession due to tough macroeconomic conditions. Notably, the pre-inflation shock high is slightly below MetLife\u2019s valuation<\/strong> estimate of $75 per share, which also suggests that the stock is undervalued.<\/p>\n

Our detailed analysis of MetLife\u2019s upside post-inflation shock<\/strong> captures trends in the company\u2019s stock during the turbulent market conditions seen over 2022 and compares these trends to the stock\u2019s performance during the 2008 recession.<\/p>\n

2022 Inflation Shock<\/strong><\/p>\n

Timeline of Inflation Shock So Far:<\/p>\n

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