Principal Finl Gr
(NASDAQ:PFG)
$86.31
0.24[0.28%]
At close: Mar 28
$86.31
0[0.00%]
After Hours: 4:02PM EDT
Consensus Rating1
Equal-Weight
Highest Price Target1
$86.00
Lowest Price Target1
$62.00
Consensus Price Target1
$72.25

Principal Finl Gr Stock (NASDAQ:PFG), Analyst Ratings, Price Targets, Predictions

Principal Financial Group Inc has a consensus price target of $72.25, established from looking at the 75 latest analyst ratings. The last 3 analyst ratings were released from Keefe, Bruyette & Woods, Morgan Stanley, and RBC Capital on February 16, 2024, February 15, 2024, and February 14, 2024. With an average price target of $81 between Keefe, Bruyette & Woods, Morgan Stanley, and RBC Capital, there's an implied -6.15% downside for Principal Financial Group Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
4
3
Nov 23
1
Jan
0
0
0
0
0
Feb
2
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keefe, Bruyette & Woods
Morgan Stanley
RBC Capital
Morgan Stanley
Evercore ISI Group

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Principal Finl Gr

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
02/16/2024PFGBuy Now
Principal Finl Gr
$86.31-1.52%Keefe, Bruyette & Woods
Ryan Krueger
$80 → $85MaintainsMarket PerformGet Alert
02/15/2024PFGBuy Now
Principal Finl Gr
$86.31-13.1%Morgan Stanley
Bob Huang
→ $75UpgradeUnderweight → Equal-WeightGet Alert
02/14/2024PFGBuy Now
Principal Finl Gr
$86.31-3.84%RBC Capital
Scott Heleniak
$75 → $83MaintainsSector PerformGet Alert
02/13/2024PFGBuy Now
Principal Finl Gr
$86.31-13.1%Morgan Stanley
Nigel Dally
$72 → $75MaintainsUnderweightGet Alert
01/04/2024PFGBuy Now
Principal Finl Gr
$86.31-3.84%Evercore ISI Group
Thomas Gallagher
$82 → $83UpgradeUnderperform → In-LineGet Alert
11/15/2023PFGBuy Now
Principal Finl Gr
$86.31-16.58%Morgan Stanley
Nigel Dally
$71 → $72MaintainsUnderweightGet Alert
10/30/2023PFGBuy Now
Principal Finl Gr
$86.31-14.26%Piper Sandler
John Barnidge
$80 → $74MaintainsNeutralGet Alert
10/27/2023PFGBuy Now
Principal Finl Gr
$86.31-17.74%Morgan Stanley
Nigel Dally
$70 → $71MaintainsUnderweightGet Alert
10/24/2023PFGBuy Now
Principal Finl Gr
$86.31-28.17%Citigroup
Michael Ward
$64 → $62MaintainsSellGet Alert
10/17/2023PFGBuy Now
Principal Finl Gr
$86.31-16.58%Wells Fargo
James Carmichael
$78 → $72MaintainsEqual-WeightGet Alert
10/10/2023PFGBuy Now
Principal Finl Gr
$86.31-13.1%Barclays
Tracy Benguigui
$76 → $75MaintainsEqual-WeightGet Alert
10/06/2023PFGBuy Now
Principal Finl Gr
$86.31-1.52%JP Morgan
Jimmy Bhullar
$87 → $85MaintainsUnderweightGet Alert
10/02/2023PFGBuy Now
Principal Finl Gr
$86.31-7.31%Piper Sandler
John Barnidge
$82 → $80MaintainsNeutralGet Alert
09/14/2023PFGBuy Now
Principal Finl Gr
$86.31-23.53%Jefferies
Suneet Kamath
$69 → $66MaintainsHoldGet Alert
08/02/2023PFGBuy Now
Principal Finl Gr
$86.31-18.9%Morgan Stanley
Nigel Dally
$70 → $70ReiteratesUnderweight → UnderweightGet Alert
07/31/2023PFGBuy Now
Principal Finl Gr
$86.31-3.84%RBC Capital
Mark Dwelle
→ $83ReiteratesSector Perform → Sector PerformGet Alert
07/31/2023PFGBuy Now
Principal Finl Gr
$86.31-11.95%Barclays
Tracy Benguigui
$78 → $76MaintainsEqual-WeightGet Alert
07/17/2023PFGBuy Now
Principal Finl Gr
$86.31-8.47%Wells Fargo
James Carmichael
$78 → $79MaintainsEqual-WeightGet Alert
07/11/2023PFGBuy Now
Principal Finl Gr
$86.31-9.63%Barclays
Tracy Benguigui
$75 → $78MaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for Principal Finl Gr (PFG)?

A

The latest price target for Principal Finl Gr (NASDAQ: PFG) was reported by Keefe, Bruyette & Woods on February 16, 2024. The analyst firm set a price target for $85.00 expecting PFG to fall to within 12 months (a possible -1.52% downside). 29 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Principal Finl Gr (PFG)?

A

The latest analyst rating for Principal Finl Gr (NASDAQ: PFG) was provided by Keefe, Bruyette & Woods, and Principal Finl Gr maintained their market perform rating.

Q

When was the last upgrade for Principal Finl Gr (PFG)?

A

The last upgrade for Principal Financial Group Inc happened on February 15, 2024 when Morgan Stanley raised their price target to $75. Morgan Stanley previously had an underweight for Principal Financial Group Inc.

Q

When was the last downgrade for Principal Finl Gr (PFG)?

A

The last downgrade for Principal Financial Group Inc happened on May 1, 2023 when B of A Securities changed their price target from $81 to $78 for Principal Financial Group Inc.

Q

When is the next analyst rating going to be posted or updated for Principal Finl Gr (PFG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Principal Finl Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Principal Finl Gr was filed on February 16, 2024 so you should expect the next rating to be made available sometime around February 16, 2025.

Q

Is the Analyst Rating Principal Finl Gr (PFG) correct?

A

While ratings are subjective and will change, the latest Principal Finl Gr (PFG) rating was a maintained with a price target of $80.00 to $85.00. The current price Principal Finl Gr (PFG) is trading at is $86.31, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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