Principal Financial Group (NASDAQ:PFG) Downgraded by Wall Street Zen to “Sell”

Principal Financial Group (NASDAQ:PFG) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Principal Financial Group Trading Down 1.5%

Shares of PFG stock opened at $75.90 on Friday. Principal Financial Group has a 52-week low of $68.39 and a 52-week high of $91.97. The company has a market capitalization of $17.02 billion, a price-to-earnings ratio of 16.25 and a beta of 1.00.

About Principal Financial Group

Principal Financial Group, Inc provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments.