Prudential plc’s (PRU) “Buy” Rating Reaffirmed at Panmure Gordon
A number of other equities analysts have also recently weighed in on the company. Shore Capital reaffirmed a buy rating on shares of Prudential plc in a report on Thursday. Jefferies Group upped their price target on Prudential plc from GBX 1,416 ($18.48) to GBX 1,437 ($18.76) and gave the stock a hold rating in a report on Thursday, September 22nd. Barclays PLC reaffirmed an overweight rating on shares of Prudential plc in a report on Tuesday, September 20th. HSBC upped their price target on Prudential plc from GBX 1,570 ($20.49) to GBX 1,680 ($21.93) and gave the stock a buy rating in a report on Wednesday, September 14th. Finally, Royal Bank Of Canada reaffirmed a sector performer rating and issued a GBX 1,470 ($19.19) price target on shares of Prudential plc in a report on Wednesday, September 14th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and sixteen have assigned a buy rating to the stock. Prudential plc currently has a consensus rating of Buy and a consensus price target of GBX 1,591.55 ($20.77).
Shares of Prudential plc (LON:PRU) opened at 1363.50 on Thursday. Prudential plc has a 52 week low of GBX 1,085.00 and a 52 week high of GBX 1,578.50. The company’s market capitalization is GBX 35.01 billion. The company’s 50 day moving average price is GBX 1,386.49 and its 200-day moving average price is GBX 1,333.97.
The business also recently disclosed a dividend, which was paid on Thursday, September 29th. Stockholders of record on Thursday, August 25th were paid a GBX 12.93 ($0.17) dividend. This represents a dividend yield of 0.91%. The ex-dividend date was Thursday, August 25th.
In related news, insider Tony Paul Wilkey sold 47,182 shares of the stock in a transaction on Friday, September 23rd. The stock was sold at an average price of GBX 1,401 ($18.29), for a total value of £661,019.82 ($862,837.51).
About Prudential plc
Prudential Public Limited Company is an international financial services company. The Company has operations in Asia, the United States and the United Kingdom. Its segments include Insurance operations, including Asia, the United States (Jackson National Life Insurance Company (Jackson)) and the United Kingdom, and Asset management operations, including Eastspring Investments, the United States broker-dealer and asset management, M&G and Prudential Capital.
Receive News & Stock Ratings for Prudential plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential plc and related stocks with our FREE daily email newsletter.