Alert: Rating Upgrade (12/22/23)-Principal Financial Group Inc (NASDAQ: PFG).


Stock Rating Upgrade

Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Principal Financial Group Inc (NASDAQ: PFG) improved during the last several trading days. PFG’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.


Recent Price Action

Principal Financial Group Inc (NASDAQ: PFG) stock closed at $78.90 on 12/22/23 after a slight gain of 0.2%. However, this advance was accompanied by below average trading volume at 75% of normal. The stock has declined -0.9% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, PFG is expected to continue to be a major Value Builder.

Principal Financial Group has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Principal Financial Group has a slightly positive Appreciation Score of 61 and a slightly positive Power Rating of 66, producing the Positive Value Trend Rating.

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