[Business Wire] – PGIM, the global investment management businesses of Prudential Financial, Inc. , has completed its previously announced acquisition of Deutsche Bank’s Indian asset management business through its Mumbai-based affiliate. Read more on this. Prudential Financial, Inc. (PRU) , valued at $31.44B, opened at $70.98. Looking at today’s market, PRU one day range is $69.44 to $71.49 and has traded between $57.19 and $92.60 over the past year. PRU shares are currently priced at 7.37x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.52x earnings multiple. The company pays shareholders $2.80 per share in dividend income per year, for a current yield of 3.92%. Consensus earnings for the current quarter by the 19 sell-side analysts covering the stock is an estimate of $2.40 per share, which would be $0.39 worse than the year-ago quarter and a $0.10 sequential decrease. The full-year EPS estimate is $9.79, which would be a $0.25 better than last year. 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. Recently, 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 by the analysts covering it is $83.24, which is 17.27% above where the stock opened. 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) – 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