What Analysts Are Saying about Prudential Financial
Of the 18 analysts covering Prudential Financial (PRU) in April 2018, six have recommended “strong buy,” five have recommended “buy,” and seven have recommended “hold.”
Prudential Financial’s (PRU) NTM (next-12-month) PE (price-to-earnings) ratio is 8.4x, lower than the peer average of 11.0x.
Prudential Financial’s (PRU) 4Q17 results were boosted by the Tax Cuts and Jobs Act.
Prudential Financial’s (PRU) asset management business is overseen by PGIM.
Prudential Financial’s (PRU) US Workplace Solutions division comprises two businesses.
Prudential’s investment management division is deploying money to expand its offerings and reach.
In 4Q17, Prudential Financial’s (PRU) life planner operations’ adjusted operating income fell to $383 million from $395 million in 4Q16 due to foreign currency exchange, policies, and increased expenses.
Prudential Financial’s (PRU) individual annuities segment’s adjusted operating income rose by $119 million to $541 million in 4Q17 from $422 million in 4Q16.
PGIM, which distributes Prudential Financial’s (PRU) retail products, has introduced the PGIM Ultra-Short Bond ETF, an actively managed fund focusing on capital appreciation and income generation.
Prudential Financial (PRU) has a positive outlook for its 2017 results.