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Analysts Offer Insights on Financial Companies: Reinsurance Group (RGA), Principal Financial (PFG) and Provident Financial Services (PFS)

Tipranks - Fri Apr 3, 6:42AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Reinsurance Group (RGA), Principal Financial (PFG) and Provident Financial Services (PFS) with bullish sentiments.

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Reinsurance Group (RGA)

Piper Sandler analyst Paul Newsome maintained a Buy rating on Reinsurance Group today and set a price target of $263.00. The company’s shares closed last Wednesday at $204.26.

According to TipRanks.com, Newsome is a 5-star analyst with an average return of 10.5% and a 64.8% success rate. Newsome covers the Financial sector, focusing on stocks such as American Integrity Insurance Group, Inc., Neptune Insurance Holdings, Inc. Class A, and Skyward Specialty Insurance Group, Inc. ;'>

Currently, the analyst consensus on Reinsurance Group is a Moderate Buy with an average price target of $245.17, a 20.2% upside from current levels. In a report issued on March 20, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $231.00 price target.

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Principal Financial (PFG)

Piper Sandler analyst John Barnidge maintained a Buy rating on Principal Financial today and set a price target of $103.00. The company’s shares closed last Wednesday at $90.08, close to its 52-week high of $91.98.

According to TipRanks.com, Barnidge is a 4-star analyst with an average return of 6.5% and a 56.0% success rate. Barnidge covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, Corebridge Financial, Inc., and Apollo Global Management. ;'>

Currently, the analyst consensus on Principal Financial is a Hold with an average price target of $94.63, representing a 4.6% upside. In a report issued on March 23, TipRanks – xAI also reiterated a Buy rating on the stock with a $94.00 price target.

Provident Financial Services (PFS)

Piper Sandler analyst Manuel Navas maintained a Buy rating on Provident Financial Services today and set a price target of $25.00. The company’s shares closed last Wednesday at $21.28, close to its 52-week high of $22.24.

According to TipRanks.com, Navas is a 5-star analyst with an average return of 10.8% and a 73.7% success rate. Navas covers the Financial sector, focusing on stocks such as Peapack-Gladstone Financial, First Bancorp Puerto Rico, and Dime Community Bancshares. ;'>

Currently, the analyst consensus on Provident Financial Services is a Moderate Buy with an average price target of $25.00.

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