[Business Wire] – Prudential Financial, Inc. announced today that it has obtained the approval of the Chilean Superintendence of Pensions for its previously announced proposed acquisition of an indirect ownership interest in Administradora de Fondos de Pensiones Habitat S.A. Read more on this. Prudential Financial, Inc. (PRU) , valued at $30.79B, began trading this morning at $69.46. During the trading session, PRU traded between $68.41 to $69.53 with a trailing 52-week range being $65.07 to $92.60. PRU shares are currently priced at 6.74x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 12.96x earnings multiple. And for those looking to make a return holding the stock, the company pays shareholders $2.80 per share annually in dividends, yielding 4.12%. 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 $0.08 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $10.37, which would be a $1.16 improvement when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $11.53 Billion. If reported, that would be a 27.16% decrease over the year-ago quarter. In terms of ratings, BofA/Merrill downgraded PRU from Buy to Neutral (Jan 20, 2016). Previously, Deutsche Bank upgraded PRU from Hold to Buy. When considering if the stock is under or overvalued, the average price target is $94.06, which is 35.42% above where the stock opened this morning. 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: Prudential Financial Inc (NYSE:PRU) – Prudential Financial To Announce Third Quarter 2015 Earnings; Schedules Conference Call Market Update: Prudential Financial Inc (NYSE:PRU) – Timothy P. Harris named general counsel of Prudential Financial; Susan Blount to retire after a decade in the role and 30 years at the company