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Principal Financial Group Inc (PFG) [hlAlert]

Rating:
Buy PFG
up 6.50 %

Principal Financial Group Inc (PFG) rated Buy with price target $52 by Argus

Posted on: Wednesday,  Aug 6, 2008  9:25 AM ET by Argus

Argus rated Buy Principal Financial Group Inc (NYSE: PFG) on 08/06/2008, when the stock price was $48.28. Since
then, Principal Financial Group Inc has gained 6.50% as of 01/07/2016's recent price of $51.42.
If you would have followed this Argus's recommendation on PFG, you would have gained 6.5% of your investment in 2710 days.

Principal Financial Group, Inc. (PFG) is a provider of retirement savings, investment and insurance products and services. The Company?s United States and international operations is engaged on the asset accumulation and asset management. In addition, the Company is also engaged in providing a range of individual and group life insurance, group health insurance, individual and group disability insurance and group dental and vision insurance. The Company operates in four business segments: U.S. Asset Accumulation, Global Asset Management, International Asset Management and Accumulation, and Life and Health Insurance.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2008 9:25 AM Buy
None
48.28 52.00
as of 12/24/2008
1 Week up  4.00 %
1 Month up  76.99 %
3 Months down  -2.48 %
1 YTD down  -68.28 %

(*) Stock Price at the time of the recommendation.
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