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.
Several price targets were given for PRU by the analysts covering the stock. The most optimistic analyst gave a price target of 129, which equates to a potential upside 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.19 percent. That number becomes 0.56 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.19 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.62 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 4 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
PRU has an estimated earnings growth rate of 8.29 percent as forecasted by analysts. Another measure frequently examined by investors is the 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. PRU has a PEG ratio of 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 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 market cap of PRU is $48.56 billion. PRU will post this quarters earnings in days, on 0000-00-00.