This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Financial Companies: Principal Financial (PFG), GCM Grosvenor (GCMG) and Essent Group (ESNT)

Tipranks - Fri May 15, 7:25AM CDT

Analysts fell to the sidelines weighing in on Principal Financial (PFG), GCM Grosvenor (GCMG) and Essent Group (ESNT) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Claim 55% Off TipRanks

Principal Financial (PFG)

In a report released yesterday, Pablo Singzon from J.P. Morgan maintained a Hold rating on Principal Financial, with a price target of $101.00. The company’s shares closed last Wednesday at $100.42.

According to TipRanks.com, Singzon is a 3-star analyst with an average return of 6.2% and a 39.3% success rate. Singzon covers the Financial sector, focusing on stocks such as Ethos Technologies Inc. Class A, Ategrity Specialty Holdings LLC, and Marsh & McLennan Companies. ;'>

Currently, the analyst consensus on Principal Financial is a Hold with an average price target of $97.33, a -3.3% downside from current levels. In a report issued on April 30, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $107.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

GCM Grosvenor (GCMG)

J.P. Morgan analyst Ken Worthington maintained a Hold rating on GCM Grosvenor yesterday and set a price target of $12.00. The company’s shares closed last Wednesday at $10.87.

According to TipRanks.com, Worthington is a 3-star analyst with an average return of 2.1% and a 49.0% success rate. Worthington covers the Financial sector, focusing on stocks such as Miami International Holdings, Inc., Intercontinental Exchange, and Apollo Global Management. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for GCM Grosvenor with a $14.13 average price target, implying a 27.2% upside from current levels. In a report issued on May 11, TipRanks – OpenAI also downgraded the stock to Hold with a $12.50 price target.

Essent Group (ESNT)

J.P. Morgan analyst Richard Shane maintained a Hold rating on Essent Group yesterday and set a price target of $65.00. The company’s shares closed last Wednesday at $59.94.

According to TipRanks.com, Shane is a 5-star analyst with an average return of 11.7% and a 66.5% success rate. Shane covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Morgan Stanley Direct Lending Fund, and Blackstone Secured Lending Fund. ;'>

Essent Group has an analyst consensus of Moderate Buy, with a price target consensus of $67.83, a 12.5% upside from current levels. In a report issued on May 11, Barclays also assigned a Hold rating to the stock with a $62.00 price target.

Read More on PFG:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.