David J. A. Law Buys 3,577 Shares of Prudential plc (PRU) Stock
Prudential plc (LON:PRU) insider David J. A. Law purchased 3,577 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The stock was bought at an average cost of GBX 1,388 ($18.12) per share, for a total transaction of £49,648.76 ($64,807.15).
Shares of Prudential plc (LON:PRU) traded up 1.94% during mid-day trading on Tuesday, reaching GBX 1422.00. The company’s stock had a trading volume of 3,216,448 shares. The firm has a 50 day moving average price of GBX 1,382.10 and a 200 day moving average price of GBX 1,334.76. Prudential plc has a 52-week low of GBX 1,085.00 and a 52-week high of GBX 1,578.50. The firm’s market cap is GBX 36.51 billion.
The business also recently declared a dividend, which was paid on Thursday, September 29th. Investors of record on Thursday, August 25th were given a dividend of GBX 12.93 ($0.17) per share. The ex-dividend date was Thursday, August 25th. This represents a yield of 0.91%.
PRU has been the topic of a number of analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 1,783 ($23.27) price target on shares of Prudential plc in a research note on Monday, July 4th. Goldman Sachs Group Inc. set a GBX 1,750 ($22.84) price objective on Prudential plc and gave the stock a “buy” rating in a research report on Tuesday, June 28th. Canaccord Genuity decreased their price objective on Prudential plc from GBX 1,600 ($20.89) to GBX 1,425 ($18.60) and set a “buy” rating for the company in a research report on Monday, June 27th. Bank of America Corp. set a GBX 1,560 ($20.36) price objective on Prudential plc and gave the stock a “buy” rating in a research report on Monday, June 27th. Finally, HSBC decreased their price objective on Prudential plc from GBX 1,945 ($25.39) to GBX 1,570 ($20.49) and set a “buy” rating for the company in a research report on Wednesday, June 29th. One analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,591.55 ($20.77).
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.
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