Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Principal Financial Group Inc has a consensus price target of $82.7 based on the ratings of 20 analysts. The high is $99 issued by Raymond James on July 9, 2024. The low is $70 issued by Citigroup on July 23, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, RBC Capital, and Barclays on December 5, 2024, November 19, 2024, and October 25, 2024, respectively. With an average price target of $82.67 between Morgan Stanley, RBC Capital, and Barclays, there's an implied -1.29% downside for Principal Financial Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Principal Finl Gr (NASDAQ:PFG) was reported by Morgan Stanley on December 5, 2024. The analyst firm set a price target for $80.00 expecting PFG to fall to within 12 months (a possible -4.48% downside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Principal Finl Gr (NASDAQ:PFG) was provided by Morgan Stanley, and Principal Finl Gr downgraded their underweight rating.
The last upgrade for Principal Financial Group Inc happened on July 9, 2024 when Raymond James raised their price target to $99. Raymond James previously had a market perform for Principal Financial Group Inc.
The last downgrade for Principal Financial Group Inc happened on December 5, 2024 when Morgan Stanley changed their price target from $86 to $80 for Principal Financial Group Inc.
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 December 5, 2024 so you should expect the next rating to be made available sometime around December 5, 2025.
While ratings are subjective and will change, the latest Principal Finl Gr (PFG) rating was a downgraded with a price target of $86.00 to $80.00. The current price Principal Finl Gr (PFG) is trading at is $83.75, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.