In a report released today, Elyse Greenspan from Wells Fargo maintained a Sell rating on Prudential Financial (PRU – Research Report), with a price target of $95.00. The company’s shares closed yesterday at $103.72.
Greenspan covers the Financial sector, focusing on stocks such as American International Group, Progressive, and Allstate. According to TipRanks, Greenspan has an average return of 10.5% and a 61.75% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Prudential Financial with a $105.13 average price target.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $106.69 and a one-year low of $72.27. Currently, Prudential Financial has an average volume of 1.63M.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PRU in relation to earlier this year. Last month, TANJI KENNETH, the EVP & CFO of PRU sold 23,124.00 shares for a total of $2,431,257.36.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Prudential Financial (PRU) Company Description:
Prudential Financial, Inc. is one of the world’s leading providers of financial services. The company offers an array of financial products and services including life insurance, retirement-related services, annuities, mutual funds, investment management and real estate services.
Read More on PRU:
- Prudential downgraded to Neutral from Overweight at JPMorgan
- Prudential awarded $9.2B international longevity risk transfer mandate
- Prudential price target raised to $105 from $100 at Piper Sandler
- Prudential authorizes buyback for up to $1.0B
- Prudential price target raised to $105 from $103 at Morgan Stanley
