Wells Fargo analyst Sean Dargan assigned a Hold rating to Principal Financial (NYSE: PFG) today and set a price target of $66. The company’s shares opened today at $59.41.
According to TipRanks.com, Dargan is a 3-star analyst with an average return of 2.1% and a 48.1% success rate. Dargan covers the Financial sector, focusing on stocks such as Brighthouse Financial Inc, Prudential Financial Inc, and Lincoln National Corp.
Principal Financial has an analyst consensus of Hold, with a price target consensus of $68.17.
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Based on Principal Financial’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $397 million. In comparison, last year the company had a net profit of $349 million.
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The Principal Financial Group, Inc. is a global financial company, which offers businesses, individuals and institutional clients financial products and services. It specializes in retirement solutions, insurance, and investment products through the company’s diverse family of financial services companies and national network of financial professionals.
