Sainsbury J PLC (LON:SBRY) “Underweight” Rating Reiterated at JP Morgan Cazenove; The Price Objective Given is GBX 260.00; Metlife (MET)’s Sentiment Is 1.02

MetLife, Inc. (NYSE:MET) Logo

Metlife Inc (MET) investors sentiment increased to 1.02 in Q4 2017. It’s up 0.13, from 0.89 in 2017Q3. The ratio is positive, as 383 funds increased or started new holdings, while 375 sold and decreased stakes in Metlife Inc. The funds in our database now hold: 782.94 million shares, down from 784.85 million shares in 2017Q3. Also, the number of funds holding Metlife Inc in top ten holdings decreased from 18 to 9 for a decrease of 9. Sold All: 45 Reduced: 330 Increased: 290 New Position: 93.

JP Morgan Cazenove currently has a GBX 260.00 target price per share on the 6.88 billion GBP market cap company or -17.04% downside potential. In a research note sent to investors and clients on Tuesday morning, Sainsbury J PLC (LON:SBRY) stock had its “Underweight” Rating reiterated by stock analysts at JP Morgan Cazenove.

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on May, 2 after the close. They expect $1.17 EPS, down 19.86% or $0.29 from last year’s $1.46 per share. MET’s profit will be $1.19 billion for 10.19 P/E if the $1.17 EPS becomes a reality. After $1.11 actual EPS reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts 5.41% EPS growth.

The stock decreased 1.49% or $0.72 during the last trading session, reaching $47.67. About 3.90 million shares traded. MetLife, Inc. (MET) has declined 1.24% since May 1, 2017 and is downtrending. It has underperformed by 12.79% the S&P500.

Nuance Investments Llc holds 4.08% of its portfolio in MetLife, Inc. for 1.21 million shares. Poplar Forest Capital Llc owns 1.00 million shares or 4.03% of their US portfolio. Moreover, Lumbard & Kellner Llc has 3.72% invested in the company for 143,263 shares. The New Jersey-based Groesbeck Investment Management Corp Nj has invested 3.48% in the stock. Matrix Asset Advisors Inc Ny, a New York-based fund reported 429,094 shares.

MetLife, Inc., through its subsidiaries, provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. The company has market cap of $48.56 billion. It operates in six divisions: U.S.; Asia; Latin America; Europe, the Middle East, and Africa; MetLife Holdings; and Brighthouse Financial. It has a 13.18 P/E ratio. The firm offers life, dental, group short- and long-term disability, individual disability, accidental death and dismemberment, and critical illness insurance products; vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only and private floating rate funding agreements; and account guaranteed, separate account guaranteed, and trust guaranteed interest contracts.

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. The company has market cap of 6.88 billion GBP. It operates through four divisions: Retail – Food; Retail – General Merchandise & Clothing; Financial Services; and Property Investment. It has a 30.77 P/E ratio. The firm operates various store formats, including convenience stores and supermarkets, as well as offers organic produce under the Food to Go and FreeFrom names.

Among 21 analysts covering Sainsbury J PLC (LON:SBRY), 6 have Buy rating, 2 Sell and 13 Hold. Therefore 29% are positive. Sainsbury J PLC has GBX 360 highest and GBX 155 lowest target. GBX 267.06’s average target is -14.90% below currents GBX 313.824 stock price. Sainsbury J PLC had 266 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, March 21 with “Hold”. Beaufort Securities maintained the shares of SBRY in report on Thursday, September 29 with “Hold” rating. Nomura maintained J Sainsbury plc (LON:SBRY) on Monday, November 9 with “Neutral” rating. On Friday, July 24 the stock rating was maintained by BNP Paribas with “Neutral”. Barclays Capital maintained J Sainsbury plc (LON:SBRY) on Thursday, November 10 with “Equal Weight” rating. Barclays Capital maintained J Sainsbury plc (LON:SBRY) rating on Thursday, September 24. Barclays Capital has “Equal Weight” rating and GBX 250 target. The firm has “Outperform” rating given on Monday, November 7 by Credit Suisse. On Monday, January 9 the stock rating was maintained by BNP Paribas with “Outperform”. Jefferies maintained the stock with “Hold” rating in Thursday, October 29 report. The stock of J Sainsbury plc (LON:SBRY) has “Hold” rating given on Monday, October 23 by Jefferies.

The stock increased 1.56% or GBX 4.824 during the last trading session, reaching GBX 313.824. About 7.45 million shares traded. J Sainsbury plc (LON:SBRY) has 0.00% since May 1, 2017 and is . It has underperformed by 11.55% the S&P500.

MetLife, Inc. (NYSE:MET) Institutional Positions Chart