Prudential plc (PRU) Given a GBX 1,680 Price Target by S&P Global Inc. Analysts
Prudential plc (LON:PRU) has been assigned a GBX 1,680 ($20.99) price target by research analysts at S&P Global Inc. in a research note issued to investors on Wednesday. The brokerage presently has a a “buy” rating on the stock. S&P Global Inc.’s price objective would suggest a potential upside of 10.53% from the stock’s previous close.
Several other brokerages have also recently issued reports on PRU. Macquarie reiterated an “outperform” rating and set a GBX 1,587 ($19.83) price target on shares of Prudential plc in a research report on Friday, September 9th. Royal Bank Of Canada reiterated a “sector performer” rating and set a GBX 1,470 ($18.37) price target on shares of Prudential plc in a research report on Wednesday, September 14th. Morgan Stanley set a GBX 1,685 ($21.05) price target on shares of Prudential plc and gave the company a “buy” rating in a research report on Monday, September 5th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 1,252 ($15.64) price target on shares of Prudential plc in a research report on Tuesday, October 18th. Finally, Goldman Sachs Group Inc. reiterated an “outperform” rating and set a GBX 1,700 ($21.24) price target on shares of Prudential plc in a research report on Thursday, September 1st. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 1,596.91 ($19.95).
Shares of Prudential plc (LON:PRU) opened at 1520.00 on Wednesday. The firm has a 50-day moving average of GBX 1,407.36 and a 200 day moving average of GBX 1,348.28. Prudential plc has a 1-year low of GBX 1,085.00 and a 1-year high of GBX 1,576.00. The stock’s market cap is GBX 39.03 billion.
In other news, insider Lord J. Adair Turner acquired 2,000 shares of Prudential plc stock in a transaction dated Thursday, September 29th. The stock was purchased at an average cost of GBX 1,398 ($17.47) per share, with a total value of £27,960 ($34,932.53). Also, insider Tony Paul Wilkey sold 559 shares of the stock in a transaction on Wednesday, October 5th. The stock was sold at an average price of GBX 1,421 ($17.75), for a total transaction of £7,943.39 ($9,924.28).
Prudential plc Company Profile
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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