Free Trial

Prudential Financial (PRU) Stock Forecast & Price Target

$114.37
+1.11 (+0.98%)
(As of 08/21/2024 ET)

Prudential Financial - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 13 Wall Street analysts who have issued ratings for Prudential Financial in the last 12 months, the stock has a consensus rating of "Hold." Out of the 13 analysts, 1 has given a sell rating, 10 have given a hold rating, 1 has given a buy rating, and 1 has given a strong buy rating for PRU.

Consensus Price Target

$119.33
4.34% Upside
High Forecast$141.00
Average Forecast$119.33
Low Forecast$99.00

According to the 13 analysts' twelve-month price targets for Prudential Financial, the average price target is $119.33. The highest price target for PRU is $141.00, while the lowest price target for PRU is $99.00. The average price target represents a forecasted upside of 4.34% from the current price of $114.37.

TypeCurrent Forecast
8/23/23 to 8/22/24
1 Month Ago
7/24/23 to 7/23/24
3 Months Ago
5/25/23 to 5/24/24
1 Year Ago
8/23/22 to 8/23/23
Consensus Rating
Hold
Reduce
Reduce
Reduce
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
10 Hold rating(s)
10 Hold rating(s)
9 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$119.33$116.92$115.25$100.55
Forecasted Upside4.34% Upside6.71% Upside8.81% Upside5.89% Upside
Get Prudential Financial Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for PRU and its competitors with MarketBeat's FREE daily newsletter.

PRU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

PRU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Prudential Financial Stock vs. The Competition

TypePrudential FinancialFinance CompaniesS&P 500
Consensus Rating Score
2.15
2.46
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside4.34% Upside38.54% Upside8.74% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/21/2024Keefe, Bruyette & Woods
4 of 5 stars
 Reiterated RatingMarket Perform ➝ Market Perform$121.00 ➝ $121.00+6.61%
8/19/2024Morgan Stanley
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$123.00 ➝ $122.00+5.54%
8/13/2024UBS Group
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$112.00 ➝ $119.00+9.47%
8/12/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
E. Greenspan
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeUnderweight ➝ Equal Weight$113.00+3.23%
8/8/2024Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
K. Heal
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
7/23/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$104.00 ➝ $120.00-3.61%
7/2/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$118.00 ➝ $128.00+8.73%
6/28/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$143.00 ➝ $141.00+19.98%
5/6/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$125.00 ➝ $121.00+7.79%
4/25/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderperform ➝ Underperform$115.00 ➝ $116.00+4.55%
2/9/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeStrong-Buy ➝ Market Perform
10/4/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageHold$99.00+8.56%
9/8/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingSector Perform ➝ Sector Perform$100.00+5.09%
8/4/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight ➝ Equal Weight$91.00 ➝ $101.00+4.35%
5/15/2023VNET Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMaintains
1/9/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeNeutral ➝ Sell$98.00 ➝ $96.00-4.96%
9/29/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$102.00+18.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:35 AM ET.

PRU Forecast - Frequently Asked Questions

What is Prudential Financial's forecast for 2024?

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Prudential Financial is $119.33, with a high forecast of $141.00 and a low forecast of $99.00.

Should I buy or sell Prudential Financial stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prudential Financial in the last year. There is currently 1 sell rating, 10 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PRU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRU, but not buy additional shares or sell existing shares.

Does Prudential Financial's stock price have much upside?

According to analysts, Prudential Financial's stock has a predicted upside of 8.44% based on their 12-month stock forecasts.

Has Prudential Financial been upgraded by Wall Street analysts recently?

Over the previous 90 days, Prudential Financial's stock had 2 upgrades by analysts.

What analysts cover Prudential Financial?

Prudential Financial has been rated by research analysts at Argus, Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Morgan Stanley, UBS Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Prudential Financial more than its competitors?

Analysts like Prudential Financial less than other "finance" companies. The consensus rating score for Prudential Financial is 2.15 while the average consensus rating score for "finance" companies is 2.46. Learn more on how PRU compares to other companies.


This page (NYSE:PRU) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners