Key Highlights:
- Prudential Financial's $1 billion notes redemption is scheduled for May 2025, offering clarity on future financial obligations.
- Wall Street analysts provide a moderate upside potential with an average target price of $115.83.
- GuruFocus estimates suggest a slight market mispricing with only a 1.46% upside from the current stock price.
Prudential Financial (PRU, Financial) is making strategic financial moves by planning to redeem its $1 billion outstanding 5.375% Fixed-to-Floating Rate Junior Subordinated Notes due 2045. This significant step, scheduled for May 15, 2025, will involve redemption at 100% of the principal amount, including accrued interest up to the redemption date.
Wall Street Analysts' Insights
According to the insights of 12 renowned analysts, Prudential Financial Inc (PRU, Financial) carries a one-year average price target of $115.83. This forecast spans a high of $134.00 and a low of $80.00, indicating a potential upside of 13.61% from the present price of $101.96. Investors seeking detailed estimate data can explore more on the Prudential Financial Inc (PRU) Forecast page.
Brokerage Recommendations
With insights from 17 brokerage firms, Prudential Financial Inc’s (PRU, Financial) average recommendation currently stands at 2.8, categorized as "Hold." This position falls within a rating scale where 1 signifies a "Strong Buy" and 5 indicates a "Sell."
GF Value Analysis
The GF Value estimate for Prudential Financial Inc (PRU, Financial) is pegged at $103.45 for the upcoming year, inferring a modest upside of 1.46% from its current trading price of $101.96. This metric represents GuruFocus' projection of the stock's fair market value, calculated using the stock's historical trading multiples, past business growth, and anticipated future performance. For more in-depth analysis, visit the Prudential Financial Inc (PRU) Summary page.
