In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Sell rating on Prudential Financial (PRU – Research Report), with a price target of $100.00. The company’s shares closed yesterday at $107.23.
According to TipRanks, Greenspan is a 5-star analyst with an average return of 10.3% and a 63.44% success rate. Greenspan covers the Financial sector, focusing on stocks such as Allstate, Arthur J Gallagher & Co, and Metlife.
The word on The Street in general, suggests a Hold analyst consensus rating for Prudential Financial with a $110.25 average price target.
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PRU market cap is currently $38.11B and has a P/E ratio of 15.91.
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. Most recently, in December 2023, KENNETH TANJI, the EVP & CFO of PRU sold 23,124.00 shares for a total of $2,431,257.36.
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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:
- Raymond James double downgrades Prudential with shares reaching target
- Prudential downgraded to Market Perform from Strong Buy at Raymond James
- Prudential price target raised to $114 from $105 at Piper Sandler
- Prudential assumes $4.9B in pension obligationsfor 21,500 Shell retirees
- Prudential Financial Announces Leadership Change Update
