Prudential (LON:PRU) has been assigned a GBX 2,400 ($33.16) price target by investment analysts at UBS in a report released on Thursday. The brokerage presently has a “buy” rating on the financial services provider’s stock. UBS’s target price would suggest a potential upside of 25.42% from the company’s current price.
Other research analysts have also issued reports about the stock. Citigroup set a GBX 2,186 ($30.20) target price on shares of Prudential and gave the stock a “buy” rating in a research report on Friday, January 12th. JPMorgan Chase & Co. upped their target price on shares of Prudential from GBX 1,800 ($24.87) to GBX 1,899 ($26.24) and gave the stock a “neutral” rating in a research report on Wednesday. Bank of America set a GBX 2,300 ($31.78) target price on shares of Prudential and gave the stock a “buy” rating in a research report on Wednesday, December 13th. Jefferies Group restated a “hold” rating and set a GBX 2,000 ($27.63) target price on shares of Prudential in a research report on Friday, November 17th. Finally, Societe Generale restated a “hold” rating and set a GBX 1,790 ($24.73) target price on shares of Prudential in a research report on Friday, November 17th. Five research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 2,082.55 ($28.77).
Prudential (LON:PRU) opened at GBX 1,913.50 ($26.44) on Thursday. Prudential has a 1 year low of GBX 1,612.14 ($22.27) and a 1 year high of GBX 1,992.50 ($27.53). The firm has a market cap of $49,510.00 and a PE ratio of 2,057.53.
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Prudential Company Profile
Prudential Public Limited Company is an 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. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.
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