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Barchart
Barchart
Neharika Jain

Principal Financial Group Stock: Is Wall Street Bullish or Bearish?

PFG

Valued at a market cap of $17.3 billion, Principal Financial Group, Inc. (PFG) is a global investment management company based in Des Moines, Iowa. It offers a wide range of financial products and services, including retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients. 

Shares of this asset management company have lagged behind the broader market over the past 52 weeks. PFG has declined 7.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 10.1%. Meanwhile, on a YTD basis, the stock is down marginally, fairly in line with the SPX. 

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