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Analysts Offer Insights on Financial Companies: Principal Financial (PFG) and Pennantpark $ (PFLT)

Analysts fell to the sidelines weighing in on Principal Financial (PFGResearch Report) and Pennantpark $ (PFLTResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Principal Financial (PFG)

In a report released today, John Barnidge from Piper Sandler maintained a Hold rating on Principal Financial, with a price target of $85.00. The company’s shares closed last Thursday at $83.49, close to its 52-week high of $86.79.

According to TipRanks.com, Barnidge is a 5-star analyst with an average return of 9.9% and a 61.5% success rate. Barnidge covers the Financial sector, focusing on stocks such as Corebridge Financial, Inc., F&G Annuities & Life Inc, and Brighthouse Financial.

Principal Financial has an analyst consensus of Hold, with a price target consensus of $83.25, representing a 0.2% upside. In a report issued on April 26, Wells Fargo also maintained a Hold rating on the stock with a $85.00 price target.

See the top stocks recommended by analysts >>

Pennantpark $ (PFLT)

Maxim Group analyst Michael Diana maintained a Hold rating on Pennantpark $ yesterday. The company’s shares closed last Thursday at $11.47.

According to TipRanks.com, Diana is a 5-star analyst with an average return of 11.3% and a 55.9% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Westamerica Bancorporation, and SLR Investment Corp.

Pennantpark $ has an analyst consensus of Moderate Buy, with a price target consensus of $12.00, which is a 3.6% upside from current levels. In a report released yesterday, KBW also assigned a Hold rating to the stock with a $11.50 price target.

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