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.
Investment analysts gave a few price targets for PRU. The highest price target was 129, implying potential capital gains of 13.96 percent. The most pessimistic price target was 100, implying potential capital losses of -11.66 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. If we look at the last 90 days instead, we find a net average change of 1.62 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PRU to grow at a rate of 8.29 percent. The PEG ratio of a stock is another value frequently studied by investors. 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PRU is 1.39.
PRU has a 52-week high of 114.55 and a 52-week low of 72.25. The current market price is above the trailing year's low by 56.68 percent, and below the high by 1.18 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.