Principal Financial Group Inc (PFG) Shares are Up 1.18%

Principal Financial Group Inc (PFG) : Traders are bullish on Principal Financial Group Inc (PFG) as it has outperformed the S&P 500 by a wide margin of 10.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.75%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.18% in the last 1 week, and is up 13.44% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Principal Financial Group Inc (NYSE:PFG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.43 and $46.36 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.18, notching a gain of 2.83% for the day. The total traded volume was 1,534,669 . The stock had closed at $45.88 on the previous day.

The stock has recorded a 20-day Moving Average of 6.15% and the 50-Day Moving Average is 9.48%. Principal Financial Group Inc. is up 12.8% in the last 3-month period. Year-to-Date the stock performance stands at 6.85%.

Principal Financial Group Inc (PFG) : The highest short term price target forecast on Principal Financial Group Inc (PFG) is $59 and the lowest target price is $46. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $49.83 with a standard deviation of $4.96.


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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