Brokerage Firm Rating Update on Prudential Financial (PRU)

Prudential Financial (PRU) : Zacks Investment Research ranks Prudential Financial (PRU) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 2.06, which indicates as a Buy.

Prudential Financial (PRU) : The most positive equity analysts on Prudential Financial (PRU) expects the shares to touch $88, whereas, the least positive believes that the stock will trade at $76 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $81.83 with an expected fluctuation of $4.67 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Prudential Financial (NYSE:PRU). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm lowers the price target from $83 per share to $80 per share. The rating by the firm was issued on July 7, 2016.

Prudential Financial (NYSE:PRU): stock was range-bound between the intraday low of $78.01 and the intraday high of $78.75 after having opened at $78.37 on Wednesdays session. The stock finally closed in the red at $78.37, a loss of -0.10%. The stock remained in the red for the whole trading day. The total traded volume was 1,962,221 shares. The stock failed to cross $78.75 in Wednesdays trading. The stocks closing price on Thursday was $78.59.

Prudential Financial, Inc. is a financial services company. The Company, through its subsidiaries and affiliates, provides a arrange of financial products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. The Company has organized its principal operations into the Financial Services Businesses and the Closed Block Business. The Financial Services Businesses consists of three divisions, containing six segments, and the Companys corporate operations. The Financial Services Businesses operate through three operating divisions: U.S. Retirement Solutions and Investment Management, U.S. Individual Life and Group Insurance, and International Insurance. The Companys investment portfolio consists of public and private fixed maturity securities, commercial mortgage and other loans, equity securities and other invested assets.

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