Prudential Financial (NYSE:PRU) Price Target Raised to $110.00

Prudential Financial (NYSE:PRU) had its target price raised by research analysts at Jefferies Financial Group from $105.00 to $110.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “hold” rating on the financial services provider’s stock. Jefferies Financial Group’s price objective indicates a potential downside of 4.87% from the company’s previous close.

Several other equities analysts have also recently commented on PRU. Morgan Stanley restated an “underweight” rating and issued a $92.00 target price (down from $106.00) on shares of Prudential Financial in a research report on Monday, May 4th. Barclays lifted their price target on Prudential Financial from $90.00 to $92.00 and gave the company an “underweight” rating in a research note on Tuesday. Zacks Research upgraded Prudential Financial from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. UBS Group decreased their target price on Prudential Financial from $105.00 to $98.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Finally, Wells Fargo & Company increased their target price on shares of Prudential Financial from $100.00 to $103.00 and gave the stock an “underweight” rating in a report on Thursday. Eleven investment analysts have rated the stock with a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, Prudential Financial presently has an average rating of “Reduce” and a consensus price target of $104.00.

Prudential Financial Stock Performance

PRU opened at $115.64 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.16 and a current ratio of 0.16. Prudential Financial has a 52-week low of $91.89 and a 52-week high of $119.76. The firm has a market cap of $40.13 billion, a P/E ratio of 11.92, a price-to-earnings-growth ratio of 2.05 and a beta of 0.85. The business’s fifty day moving average is $105.20 and its 200-day moving average is $104.02.

Prudential Financial (NYSE:PRU) last posted its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $3.61 EPS for the quarter, beating analysts’ consensus estimates of $3.09 by $0.52. Prudential Financial had a return on equity of 16.33% and a net margin of 5.83%.The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $14.10 billion. During the same quarter in the previous year, the firm earned $3.29 earnings per share. Sell-side analysts expect that Prudential Financial will post 13.81 EPS for the current fiscal year.

Institutional Investors Weigh In On Prudential Financial

A number of institutional investors have recently added to or reduced their stakes in PRU. Sunflower Bank N.A. boosted its position in Prudential Financial by 3.2% during the 4th quarter. Sunflower Bank N.A. now owns 2,911 shares of the financial services provider’s stock valued at $329,000 after buying an additional 91 shares during the period. Wetzel Investment Advisors Inc. increased its position in shares of Prudential Financial by 0.9% in the fourth quarter. Wetzel Investment Advisors Inc. now owns 10,022 shares of the financial services provider’s stock valued at $1,131,000 after acquiring an additional 94 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of Prudential Financial by 0.3% during the third quarter. CIBC Private Wealth Group LLC now owns 28,795 shares of the financial services provider’s stock valued at $2,987,000 after acquiring an additional 97 shares during the last quarter. Transcend Capital Advisors LLC boosted its holdings in shares of Prudential Financial by 2.4% during the fourth quarter. Transcend Capital Advisors LLC now owns 4,175 shares of the financial services provider’s stock worth $471,000 after purchasing an additional 98 shares during the period. Finally, Mindset Wealth Management LLC increased its holdings in Prudential Financial by 2.1% during the 3rd quarter. Mindset Wealth Management LLC now owns 4,781 shares of the financial services provider’s stock valued at $496,000 after purchasing an additional 100 shares during the period. 56.83% of the stock is owned by institutional investors.

More Prudential Financial News

Here are the key news stories impacting Prudential Financial this week:

• Positive Sentiment: Mizuho raised its price target on Prudential Financial to $109 from $101, signaling improved expectations ahead of earnings. Prudential Financial (NYSE:PRU) Price Target Raised to $109.00 at Mizuho
• Positive Sentiment: Wells Fargo & Company also increased its price target on Prudential Financial to $103 from $100, which can support sentiment even though the firm kept an underweight rating. Wells Fargo & Company Issues Positive Forecast for Prudential Financial (NYSE:PRU) Stock Price
• Neutral Sentiment: Prudential said it will report second-quarter 2026 earnings on August 4 and host a strategy call on August 5, giving investors a clear near-term event to watch. Prudential Financial, Inc. to Announce Second Quarter 2026 Earnings; Schedules Earnings and Strategy Call
• Neutral Sentiment: Analyst sentiment remains cautious overall, with recent coverage pointing to a consensus recommendation of “Reduce,” which may limit how far the stock can run. Prudential Financial, Inc. (NYSE:PRU) Receives Consensus Recommendation of “Reduce” from Analysts
• Negative Sentiment: Even after the target hikes, both Wells Fargo and Mizuho still see the shares trading below current levels, suggesting valuation concerns remain. Prudential Financial analyst target updates

Prudential Financial Company Profile

Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.

Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.