Truist Securities Reiterates Buy Rating on Primerica (PRI)

Truist Securities analyst Mark Hughes reiterated a Buy rating and $340.00 price target on Primerica (NYSE: PRI).

The analyst commented: "Indicators for Investment & Savings Products (ISP) Again Looking Good, Raising Ests.; We are increasing our 2025 EPS estimate to $21.42 from $21.30 and our 2026 projection to $23.57 from $23.35 based on accelerating annuity sales data – highly correlated with PRI’s own results – as well as continuing equity market tailwinds (industrywide life sales were also better in 3Q). Our ISP segment revenue forecast of $300 million for the third quarter is above the Street at $295 million. Our price target of $340 assumes a multiple of just over 14x our 2026 forecast, marginally ahead of the 10-year average."

For an analyst ratings summary and ratings history on Primerica click here. For more ratings news on Primerica click here.

Shares of Primerica closed at $259.87 yesterday.

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