[Business Wire] – Prudential Financial, Inc. today announced it has been recognized as one of the most community-minded companies in the nation as a part of the Civic 50, an initiative of Points of Light that sets the standard for corporate civic engagement and creates a roadmap for companies seeking to best use their time, talent, and resources to improve the quality of life in the communities where they do business…. Read more on this. Prudential Financial, Inc. (PRU) , valued at $30.37B, started the session at $69.02. Today, shares have traded between $67.30 and $69.07 per share with a one year range of $57.19 to $92.60. Priced at 7.01x this year’s forecasted earnings, PRU shares are relatively inexpensive compared to the industry’s 16.36x forward p/e ratio. And for passive income investors, the company pays shareholders $2.80 per share annually in dividends, yielding 3.95%. Consensus earnings for the current quarter by the 17 sell-side analysts covering the stock is an estimate of $2.51 per share, which would be $0.40 worse than the year-ago quarter and a $0.03 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $9.55 would be a $0.49 setback when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $11.58 Billion. If reported, that would be a 7.36% decrease over the year-ago quarter. More recently, BofA/Merrill downgraded PRU from Buy to Neutral (Jan 20, 2016). Previously, Deutsche Bank upgraded PRU from Hold to Buy. Given all the information above, we should disclose to readers that the average price target is $85.27, which is 23.54% above than it opened this morning. See more in (NYSE:PRU) Similar Articles: Market Update: Prudential Financial Inc (NYSE:PRU) – Prudential Financial To Announce Second Quarter 2016 Earnings; Schedules Conference Call Market Update: Prudential Financial Inc (NYSE:PRU) – Prudential Financial, Inc. Announces Tender Offer for Certain Outstanding Debt Securities Company Update: Prudential Financial Inc (NYSE:PRU) – New research from Prudential predicts expansion of stable value market