[Business Wire] – Prudential Financial, Inc. announced today that it has completed the purchase from Inversiones La Construcción S.A. , the investment subsidiary of the Chilean Construction Chamber, of an indirect ownership interest in Administradora de Fondos de Pensiones Habitat S.A. Read more on this. Prudential Financial, Inc. (PRU) , valued at $31.77B, opened at $70.23. Looking at today’s market, PRU one day range is $69.91 to $71.20 and has traded between $57.19 and $92.60 over the past 12 months. PRU shares are currently priced at 7.20x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.17x earnings multiple. The company pays shareholders $2.80 per share annually in dividends, yielding 4.18%. According to a consensus of 19 analysts, the earnings estimate of $2.40 per share would be $0.39 worse than the year-ago quarter and a $0.10 sequential decrease. Investors should also note that the full-year EPS estimate of $9.76 is a $0.28 worse 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 $11.23 Billion. If realized, that would be a 4.91% 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. The average price target for PRU shares is $83.24, which is 18.52% above where the stock opened this morning. See more in (NYSE:PRU) Similar Articles: Company Update: Prudential Financial Inc (NYSE:PRU) – Prudential Financial receives regulatory approval for proposed acquisition of indirect ownership interest in Administradora de Fondos de Pensiones Habitat S.A. in Chile Company Update: Prudential Financial Inc (NYSE:PRU) – New research from Prudential predicts expansion of stable value market Market Update (NYSE:PRU): Prudential Real Estate Investors and McCarthy Cook & Co. acquire MetroCenter office campus in Costa Mesa, Calif.