Prudential Financial (PRU) : The consensus on Prudential Financial (PRU) based on 8 analyst recommendation on the company stock is 2.06, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Prudential Financial (PRU).
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.
Also, Citigroup maintains their rating on the shares of Prudential Financial (NYSE:PRU). The current rating of the shares is Buy. Equity Analysts at the Firm lowers the price target to $80 per share from $83 per share. The rating by the firm was issued on July 7, 2016.
Prudential Financial (NYSE:PRU): After opening at $79.47, the stock dipped to an intraday low of $79.16 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $80.91 and the buying power remained strong till the end. The stock closed at $80.45 for the day, a gain of 1.12% for the day session. The total traded volume was 3,462,218. The stocks close on the previous trading day was $79.56.
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.