Stock Rating Upgrade
In recent days the Value Trend Rating for Prudential Financial Inc (NYSE: PRU) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Prudential Financial Inc (NYSE: PRU) stock declined slightly by -0.8% on 6/14/24. The stock closed at $113.11. However, below average trading volume at 76% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -3.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PRU is expected to continue to be a major Value Builder.
Prudential Financial has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Prudential Financial has a neutral Appreciation Score of 42 but a good Power Rating of 81, triggering the Positive Value Trend Rating.
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