Principal Financial Group (NYSE:PFG) had its price target increased by Deutsche Bank from $37.00 to $39.00 in a research report sent to investors on Friday morning, StockRatingsNetwork reports.
PFG has been the subject of a number of other recent research reports. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Principal Financial Group from $39.00 to $40.00 in a research note to investors on Thursday, July 18th. They now have a market perform rating on the stock. Separately, analysts at FBR Capital Markets raised their price target on shares of Principal Financial Group from $33.00 to $38.00 in a research note to investors on Thursday, July 18th. They now have a market perform rating on the stock. Finally, analysts at Raymond James downgraded shares of Principal Financial Group from a strong-buy rating to an outperform rating in a research note to investors on Monday, July 15th.
Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. Principal Financial Group has a consensus rating of Hold and a consensus target price of $37.36.
Shares of Principal Financial Group (NYSE: PFG) traded down 0.37% during mid-day trading on Friday, hitting $40.58. Principal Financial Group has a 52 week low of $24.26 and a 52 week high of $40.73. The stock’s 50-day moving average is currently $38.19. The company has a market cap of $11.907 billion and a P/E ratio of 16.30.
Principal Financial Group, Inc (NYSE: PFG) is a provider of retirement savings, investment and insurance products and services.
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