Principal Financial Group (PFG) has been a significant player in the recent news cycle. Its performance in comparison to competitors has seen ups and downs lately, although it's key to note that it has been
increasing its dividend. The firm has drawn the attention of various investment groups such as Swedbank AB, taking a $14 million position, and Bokf Na making a new investment. It has published its 2023 Sustainability Report, reaffirming its commitment to sustainable practices. Despite having its price targets adjusted by Wells Fargo & Company and Keefe, Bruyette & Woods, the
Royal Bank of Canada raised its price target to $87.00. Furthermore, its second quarter 2024 results have been announced, and the Q2 2024 earnings call transcript is now accessible. Experts suggested that it is currently undervalued. For Q1 2024, PFG's earnings surpassed analyst forecasts, and its EPS estimates for Q1 2025 have been lifted by Zacks Research. The
company's financial health and its outlook for 2024 appear very strong.
Principal Financial Group PFG News Analytics from Wed, 17 Jan 2024 08:00:00 GMT to Fri, 02 Aug 2024 21:58:44 GMT -
Rating 5
- Innovation 0
- Information 7
- Rumor -2