Brokerage Firm Rating Update on Principal Financial Group Inc (PFG)

Principal Financial Group Inc (PFG) : 5 analysts are covering Principal Financial Group Inc (PFG) and their average rating on the stock is 2.8, which is read as a Hold. Principal Financial Group Inc (PFG) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Principal Financial Group Inc (PFG) : 5 investment research analysts covering Principal Financial Group Inc (PFG) have an average price target of $50.2 for the near short term. The highest target price given by the Brokerage Firm to the stock is $59 and the lowest target is $47 for the short term. Analysts expect the variance to be within $4.97 of the average price.


Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, Deutsche Bank maintains its ratings on Principal Financial Group Inc (NYSE:PFG). In the latest research report, Deutsche Bank raises the target price from $43 per share to $48 per share. According to the latest information available, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on August 3, 2016.

Principal Financial Group Inc (NYSE:PFG): The stock opened at $48.75 and touched an intraday high of $49.11 on Wednesday. During the day, the stock corrected to an intraday low of $48.46, however, the bulls stepped in and pushed the price higher to close in the green at $49.1 with a gain of 0.20% for the day. The total traded volume for the day was 977,698. The stock had closed at $49 in the previous trading session.

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.

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