Prudential Financial Got Some Good News

In a report released yesterday, Yaron Kinar from Deutsche Bank upgraded Prudential Financial (NYSE: PRU) to Buy. The company’s shares closed last Friday at $77.10.

Prudential Financial has an analyst consensus of Hold, with a price target consensus of $98.

Prudential Financial`s market cap is currently $34.77B and has a P/E ratio of 13.7. The company has a book value ratio of 0.83%.

Financial bloggers on sites such as, SeekingAlpha and others, seem to have a Positive view on PRU. When evaluating the opinions of financial bloggers over the last 3 months, 91% of bloggers have indicated a Bullish sentiment, while 9% have indicated a Bearish sentiment. The average blogger Bullish sentiment in the Financial sector is 72% which is less positive than the blogger sentiment of PRU.

Unlike Deutsche Bank`s latest rating, based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is neutral on the stock. Most recently, in June 2015, Robert Axel, a the SVP & Controller of PRU sold 996 shares for a total of $88,026.

According to, Kinar is a 3-star analyst with an average return of 2.0% and a 52.8% success rate. Kinar covers the Financial sector, focusing on stocks such as Lincoln National Corp., Principal Financial, and StanCorp Financial.

Prudential Financial Inc through it’s subsidiaries and affiliates, offers financial products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management.