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Principal Financial Group (NASDAQ:PFG) Upgraded at Wall Street Zen

Principal Financial Group logo with Finance background

Key Points

  • Principal Financial Group's stock rating was upgraded from a "sell" to a "hold" by Wall Street Zen, indicating a more favorable outlook for investors.
  • The company's stock is currently trading at $81.05, with a 1-year trading range between $68.39 and $91.97.
  • Principal Financial Group specializes in retirement, asset management, and insurance products serving a diverse clientele globally.
  • MarketBeat previews the top five stocks to own by August 1st.
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Wall Street Zen upgraded shares of Principal Financial Group (NASDAQ:PFG - Free Report) from a sell rating to a hold rating in a report issued on Saturday morning.

Principal Financial Group Trading Up 0.9%

Shares of PFG stock traded up $0.72 during mid-day trading on Friday, reaching $81.05. The company's stock had a trading volume of 737,934 shares, compared to its average volume of 1,012,869. Principal Financial Group has a 1-year low of $68.39 and a 1-year high of $91.97. The stock has a market cap of $18.17 billion, a price-to-earnings ratio of 11.35, a P/E/G ratio of 0.83 and a beta of 0.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.28 and a current ratio of 0.28.

Principal Financial Group Company Profile

(Get Free Report)

Principal Financial Group, Inc provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments.

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