Summary:
- Prudential Financial's asset management wing, PGIM, announces a preliminary AUM total of $1.39 trillion.
- Analysts project an average price target of $116.83 for PRU, anticipating a potential upside of 15.19%.
- The GF Value estimate suggests a modest upside for PRU from its current market price.
Prudential Financial's (PRU, Financial) asset management arm, PGIM, has reported a noteworthy preliminary assets under management (AUM) amounting to $1.39 trillion as of March 31. The unit is projecting related quarterly revenues, post-expenses, to hover around $20 million. However, the projected alternative investment income, ranging between $85 million and $105 million, does not quite meet immediate market expectations.
Wall Street Analysts' Expectations
According to forecasts from 12 Wall Street analysts, Prudential Financial Inc (PRU, Financial) has an average one-year price target of $116.83, with high and low estimates of $134.00 and $80.00, respectively. This average price target implies a potential upside of 15.19% from the current share price of $101.43. For more detailed predictions, please visit the Prudential Financial Inc (PRU) Forecast page.
Currently, Prudential Financial Inc (PRU, Financial) holds a consensus "Hold" recommendation, with an average brokerage recommendation score of 2.8 from 17 firms. This rating scale ranges from 1 (Strong Buy) to 5 (Sell), placing PRU in a neutral investment zone.
Evaluating GF Value Estimates
As per GuruFocus projections, Prudential Financial Inc (PRU, Financial) is estimated to have a GF Value of $103.45 in one year, suggesting a modest upside of 1.99% from the current trading price of $101.43. The GF Value is a metric reflecting the stock's intrinsic worth, calculated through historical trading multiples, past growth metrics, and future performance forecasts. For an in-depth analysis, visit the Prudential Financial Inc (PRU) Summary page.
