[Business Wire] – Stephen Warren has joined Prudential Fixed Income as a managing director, where he will work closely with Yves Trinquet to co-lead the firm’s Investment Risk Management and Quantitative Research team, the company announced today. Read more on this. Prudential Financial, Inc. (PRU) , with a current value of $32.85B, started trading this morning at $74.02. A quick look at the market, the company’s stock traded between $72.95 and $74.17 and has traded between $71.74 and $92.60 over the past year. PRU shares are currently priced at 7.03x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.05x earnings multiple for the same period. And for income investors, the company pays shareholders $2.80 per share annually in dividends, yielding 3.83%. In a review of the consensus earnings estimate this quarter, 19 sell-side analysts are looking at $2.30 per share, which would be $0.18 better than the year-ago quarter and a $0.09 sequential decrease. Investors should also note that the full-year EPS estimate of $10.37 is a $1.16 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $11.53 Billion. If realized, that would be a 27.16% decrease over the year-ago quarter. More recently, Deutsche Bank upgraded PRU from Hold to Buy (Sep 8, 2015). Previously, Piper Jaffray Initiated PRU at to Overweight. The average price target for PRU shares by the analysts covering it is $96.56, which is 30.45% above where the stock opened. See more in (NYSE:PRU) Similar Articles: Company Update: Prudential Financial Inc (NYSE:PRU) – New research from Prudential predicts expansion of stable value market Company Update (NYSE:PRU): Prudential Fixed Income Announces Executive Leadership Changes Company Update: Prudential Financial Inc (NYSE:PRU) – Prudential Real Estate Investors acquires the Roosevelt Collection in Chicago’s South Loop