Barclays PLC reaffirmed their overweight rating on shares of Prudential plc (LON:PRU) in a research note issued to investors on Friday, July 21st. Barclays PLC currently has a GBX 1,949 ($25.71) target price on the financial services provider’s stock.
Several other equities analysts have also recently issued reports on PRU. Goldman Sachs Group, Inc. (The) reissued a conviction-buy rating on shares of Prudential plc in a report on Tuesday, April 4th. HSBC Holdings plc upped their price target on Prudential plc from GBX 1,890 ($24.93) to GBX 1,980 ($26.12) and gave the stock a buy rating in a report on Tuesday, April 11th. Berenberg Bank upped their price target on Prudential plc from GBX 1,783 ($23.52) to GBX 2,200 ($29.02) and gave the stock a buy rating in a report on Wednesday, April 19th. Jefferies Group LLC upped their price target on Prudential plc from GBX 1,469 ($19.38) to GBX 1,771 ($23.36) and gave the stock a hold rating in a report on Monday, April 24th. Finally, Credit Suisse Group initiated coverage on Prudential plc in a report on Thursday, April 27th. They issued an outperform rating and a GBX 2,045 ($26.98) price target for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 1,883.17 ($24.84).
Shares of Prudential plc (PRU) opened at 1850.50 on Friday. The company’s 50 day moving average price is GBX 1,792.12 and its 200 day moving average price is GBX 1,704.59. Prudential plc has a 52-week low of GBX 1,284.00 and a 52-week high of GBX 1,871.00. The stock’s market cap is GBX 47.56 billion.
In related news, insider Lord J. Adair Turner purchased 1,000 shares of the company’s stock in a transaction dated Wednesday, June 28th. The stock was acquired at an average cost of GBX 1,802 ($23.77) per share, for a total transaction of £18,020 ($23,769.95). Insiders bought 1,030 shares of company stock valued at $1,854,950 over the last 90 days.
Prudential plc Company Profile
Prudential Public Limited Company (Prudential) is a United Kingdom-based international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations.
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