Principal Financial Group Inc (NYSE:PFG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.75 by 8 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. In a research note released to the investors, Citigroup maintains its rating on Principal Financial Group Inc (NYSE:PFG).The analysts at the brokerage house have a current rating of Sell on the shares. In a recent information released to the investors, Citigroup raises the new price target from $35 per share to $36 per share. The rating by the firm was issued on April 6, 2016.
Principal Financial Group Inc (NYSE:PFG): 7 analysts have set the short term price target of Principal Financial Group Inc (NYSE:PFG) at $49.57. The standard deviation of short term price target has been estimated at $5.86, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 59 and $41 respectively.
Principal Financial Group Inc (NYSE:PFG) rose 0.84% or 0.36 points on Tuesday and made its way into the gainers of the day. After trading began at $43.18 the stock was seen hitting $43.48 as a peak level and $42.81 as the lowest level. The stock ended up at $43.25. The daily volume was measured at 1,564,260 shares. The 52-week high of the share price is $58.02 and the 52-week low is $33.09. The company has a market cap of $12,536 million.
Shares of Principal Financial Group Inc. rose by 4.42% in the last five trading days and 1.03% for the last 4 weeks. Principal Financial Group Inc. is up 7.26% in the last 3-month period. Year-to-Date the stock performance stands at -2.05%.
Principal Financial Group, Inc. is an investment management company. The Company offers businesses, individuals and institutional clients a range of financial products and services, including retirement, asset management and insurance through its financial services companies. Its segments include Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions. Its Retirement and Investor Services segment provides retirement and related financial products and services primarily to businesses, their employees and other individuals. The Principal Global Investors segment provides asset management services.. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities and life insurance accumulation products. The U.S. Insurance Solutions segment offers individual and group insurance solutions.