Principal Financial Group Inc (PFG) : Zacks Investment Research ranks Principal Financial Group Inc (PFG) as 4, which is a Sell recommendation. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 2.71, which indicates as a Hold.
Principal Financial Group Inc (PFG) : Currently there are 7 street experts covering Principal Financial Group Inc (PFG) stock. The most bullish and bearish price target for the stock is $59 and $41 respectively for the short term. The average price target of all the analysts comes to $47.86. The estimated standard deviation from the target is $6.59.
Company shares have received an average consensus rating of Hold for the current week
Principal Financial Group Inc (NYSE:PFG): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $42.69 and $42.69 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.18, notching a gain of 2.54% for the day. The total traded volume was 1,326,980 . The stock had closed at $42.11 on the previous day.
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.