Analysts have clear opinions on PRU.
There are 9 analysts on the Wall offering 12 month price targets for Prudential Financial in the last 3 months. The average price target is $100.71 with a high forecast of $116.00 and a low forecast of $86.00. The average price target represents a 6.77% increase from the last price of $94.32.
Prudential Financial, Inc. (PRU) is followed by 9 analysts on the street.
Alex Scott from Goldman Sachs rates it a Buy with a target of $116.00.
Similarly, 8 days ago Nigel Dally of Morgan Stanley Reiterated a Hold with a target of $102.00.
The consensus on the street is Hold.
What does Prudential Financial, Inc.(PRU) do ?
Prudential Financial, Inc. engages in the provision of financial products and services including life insurance, annuities, mutual funds, and investment management to both individual and institutional customers. It operates through the following segments: U.S. Individual Solutions, U.S. Workplace Solutions, PGIM, International Insurance, Closed Block, and Corporate and Others. The U.S. Individual Solutions segment consists of individual annuities and individual life products. The U.S. Workplace Solutions segment comprises of the retirement and group insurance divisions. The PGIM segment provides a broad array of asset management and advisory services related to public and private fixed income, public equity and real estate, commercial mortgage origination and servicing, and mutual funds and other retail services to institutional, private and sub-advisory clients (including mutual funds), insurance company separate accounts, government sponsored entities and the Company’s general account. The International Insurances segment manufactures and distributes individual life insurance, retirement, and related products to the mass affluent and affluent markets in Japan, Korea, and other foreign countries through its Life Planner operations. The Closed Block segment includes certain in force participating insurance and annuity products and corresponding assets that are used for the payment of benefits, expenses and policyholders’ dividends related to these products. The Corporate and Other Operations segment include corporate item or businesses that have been or will be divested. The company was founded by John Fairfield Dryden in 1875 and is headquartered in Newark, NJ.
Prudential Financial, Inc. (PRU) Insider Trades
Multiple company employees have indulged in significant insider trading. Prudential Financial, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
EVP, Sleyster Scott : S – Sale+OE(-$1,169,460) of PRU in the trading session of 2019-10-15.
EVP, CFO Tanji Kenneth : P – Purchase(+$209,600) of PRU in the trading session of 2019-09-09.
EVP, Vice COB Falzon Robert : P – Purchase(+$300,648) of Prudential Financial, Inc. in the trading session of 2019-09-09.
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