Analyst Ratings for Prudential Financial Inc. (PRU)Updated: 2017-07-29
Analysts covering Prudential Financial Inc. (NYSE:PRU) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for PRU last month.
A buy rating was issued by 6 analysts, 1 issued an overweight rating, 12 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for PRU. The maximum price target given was 129, implying a possible profit of 13.96 percent. The most pessimistic price target was 100, implying a possible loss of -11.66 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.19 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.56 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.19 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.62 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 4 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
PRU has an estimated earnings growth rate of 8.29 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PRU is 1.39.
In the last 52-weeks, PRU has achieved a high of 114.55 and a low of 72.25. Currently the stock is 56.68 percent higher than its low, and 1.18 percent lower than its 52-week high. PRU has a P/E ratio of 11.49. Investors typically compare the P/E ratio to a company's peers in the industry. The PRU value stock report compares PRU to some of its peers using value stock charts. The stock has a market capitalization of $48.56 billion. PRU will post this quarters earnings in days, on 0000-00-00.