Based on ratings from 8 stock analysts, the Principal Financial Group Inc stock price is expected to increase by 2.45% in 12 months. This is calculated by using the average 12-month stock price forecast for Principal Financial Group Inc. The lowest target is $72.00 and the highest is $88.00. Please note analyst price targets are not guaranteed and could be missed completely.
PFG is a stock in Finance which has been forecasted to be worth $82.00 as an average. On the higher end, the forecast price is $88.00 USD by jimmy bhullar from J.P. Morgan and on the lower end PFG is forecasted to be $72.00 by wesley carmichael from Wells Fargo.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
bob huang Morgan Stanley | Hold | $75.0 | upgraded | Feb 15, 2024 |
scott heleniak RBC Capital | Hold | $83.0 | maintained | Feb 13, 2024 |
joshua shanker Bank of America Securities | Hold | $86.0 | reiterated | Feb 12, 2024 |
ryan krueger KBW | Hold | $80.0 | maintained | Jan 25, 2024 |
elyse greenspan Wells Fargo | Hold | $86.0 | maintained | Jan 11, 2024 |
suneet kamath Jefferies | Hold | $72.0 | maintained | Jan 10, 2024 |
thomas gallagher Evercore ISI | Hold | $83.0 | upgraded | Jan 4, 2024 |
jimmy bhullar J.P. Morgan | Buy | $88.0 | maintained | Jan 3, 2024 |
john barnidge Piper Sandler | Hold | $80.0 | rated | Dec 18, 2023 |
nigel dally Morgan Stanley | Sell | $72.0 | maintained | Nov 15, 2023 |
tracy benguigui Barclays | Hold | $74.0 | maintained | Oct 31, 2023 |
wesley carmichael Wells Fargo | Hold | $72.0 | maintained | Oct 29, 2023 |
brian meredith UBS | Hold | $86.0 | maintained | Jul 12, 2023 |
mark dwelle RBC Capital | Hold | $83.0 | maintained | May 1, 2023 |
alex scott Goldman Sachs | Sell | $68.0 | maintained | Apr 4, 2023 |
daniel bergman Jefferies | Sell | $58.0 | maintained | Mar 20, 2023 |
andrew kligerman Credit Suisse | Sell | $86.0 | maintained | Mar 2, 2023 |
wilma burdis Raymond James | Hold | None | maintained | Mar 2, 2023 |
michael ward cfa Citigroup | Sell | $65.0 | maintained | Nov 16, 2022 |
michael zaremski Wolfe Research | Hold | $79.0 | initiatedcoverage | Jan 21, 2022 |
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products, as well as trust and custody services. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
When did it IPO
2001
Staff Count
20,000
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Daniel Joseph Houston
Market Cap
$18.92B
In 2023, PFG generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that PFG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
DKNG-USD
$40.75
LPLA-USD
$257.66
EXPE-USD
$134.64
$63.88
ALNY-USD
$162.81
NTAP-USD
$85.71