Principal Financial Group, Inc. : The beginning of the move
Entry price | Target | Stop-loss | Potential |
---|
US$41.2 |
US$51 |
US$38 |
+23.79% |
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Principal Financial Group, Inc. shares have recently experienced an upward movement with a return of higher volumes and volatility. This technical chart pattern suggests a continuation of the upward movement.
Strengths● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Its low valuation, with P/E ratio at 8.93 and 7.52 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.
● This company will be of major interest to investors in search of a high dividend stock.
Weaknesses● For the last few months, analysts have been revising downwards their earnings forecast.
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