Stock Rating Upgrade
Of late 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
On 4/8/24, Prudential Financial Inc (NYSE: PRU) stock declined slightly by -0.2%, closing at $115.48. However, this decline was accompanied by below average trading volume at 70% of normal. Relative to the market the stock has been strong over the last nine months but has declined -1.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed 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. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Prudential Financial has a neutral Appreciation Score of 41 but a very high Power Rating of 87, with the Positive Value Trend Rating the result.
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