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Principal Financial Group Inc has a consensus price target of $82.15 based on the ratings of 20 analysts. The high is $99 issued by Raymond James on July 9, 2024. The low is $70 issued by Citigroup on July 23, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Wells Fargo, and Morgan Stanley on December 18, 2024, December 11, 2024, and December 5, 2024, respectively. With an average price target of $81.67 between Piper Sandler, Wells Fargo, and Morgan Stanley, there's an implied 5.74% upside for Principal Financial Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Principal Finl Gr (NASDAQ:PFG) was reported by Piper Sandler on December 18, 2024. The analyst firm set a price target for $90.00 expecting PFG to rise to within 12 months (a possible 16.54% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for Principal Finl Gr (NASDAQ:PFG) was provided by Piper Sandler, and Principal Finl Gr upgraded their overweight rating.
The last upgrade for Principal Financial Group Inc happened on December 18, 2024 when Piper Sandler raised their price target to $90. Piper Sandler previously had a neutral for Principal Financial Group Inc.
The last downgrade for Principal Financial Group Inc happened on December 11, 2024 when Wells Fargo changed their price target from $84 to $75 for Principal Financial Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Principal Finl Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Principal Finl Gr was filed on December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.
While ratings are subjective and will change, the latest Principal Finl Gr (PFG) rating was a upgraded with a price target of $90.00 to $90.00. The current price Principal Finl Gr (PFG) is trading at is $77.23, which is out of the analyst’s predicted range.
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