Principal Financial Group (PFG) is currently trading at $85, with key technical indicators suggesting a neutral to slightly bullish outlook. The Relative Strength Index (RSI_14) is at 52.00, indicating the stock is not overbought or oversold. The MACD is positive at 1.17, signaling upward momentum, while the Stochastic Oscillator (%K) is at 40.23, suggesting potential buying interest.
The stock is approaching its Fibonacci pivot point of $86.94. Key resistance levels are at $89.40 (R1) and $90.93 (R2), while support levels are at $84.47 (S1) and $82.94 (S2). These levels will be critical in determining the stock's short-term direction.
PFG was recently added to the iShares USA ESG Select ETF (SUSA), which could attract ESG-focused investors and potentially drive demand for the stock. The company also maintains a stable dividend yield, with an annualized payout of $3 per share, making it attractive for income-focused investors.
However, the stock has underperformed the broader market over the past year, gaining only 5.9% compared to the S&P 500's 20.7% rally. Despite this, PFG has shown resilience in 2025, with a 9% year-to-date gain.
Analysts maintain a "Hold" rating on PFG, with a mean price target of $86.07, representing a modest 2% upside from current levels. This suggests that while the stock has limited upside potential, it is also unlikely to experience significant downside risk.
Based on the technical indicators, Fibonacci levels, and analyst consensus, PFG is expected to trade in a narrow range with a slight upward bias. The stock is likely to test the $86.50 level next week, driven by its approach to the Fibonacci pivot point and the positive ESG news.
Prediction: PFG stock will trade at $86.50 by the end of the next trading week.
Recommendation: Buy PFG at current levels, as the stock is approaching a key support zone and has potential to reach the Fibonacci pivot point.
The price of PFG is predicted to go up -5.03%, based on the high correlation periods with GRBK. The similarity of these two price pattern on the periods is 94.91%.
PFG
GRBK
Wells Fargo
2025-02-19
Price Target
$69 → $74
Downside
-14.14%
Keefe, Bruyette & Woods
2025-02-12
Price Target
$90 → $92
Upside
+8.31%
Piper Sandler
2025-02-10
Price Target
$90 → $93
Upside
+10.19%