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.
PRU was given price targets by several analysts. The highest price target was 129, implying potential capital gains of 13.96 percent. The most pessimistic analyst gave a price target of 100, implying a possible loss of -11.66 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.19 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.56 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.19 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.62 percent.
People are often interested in whether analysts were united in the direction of their revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of PRU's earnings is estimated by analysts to be 8.29 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. PRU has a PEG ratio of 1.39.
PRU has traded between a high of 114.55 and a low of 72.25 over the past year. The current market price is above the trailing year's low by 56.68 percent, and 1.18 percent lower than its 52-week high. PRU has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.