Principal Financial Group Inc with ticker code (PFG) have now 13 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 90 and 61 calculating the mean target price we have 78.46. Given that the stocks previous close was at 89.68 this would imply there is a potential downside of -12.5%. The day 50 moving average is 83.06 and the 200 moving average now moves to 73.86. The market cap for the company is $22,247m. Visit the company website at: https://www.principal.com
The potential market cap would be $19,463m based on the market concensus.
Principal Financial Group provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group was founded in 1879 and is based in Des Moines, Iowa.
