Prudential plc (PRU) Given a GBX 1,748 Price Target by Barclays PLC Analysts
Prudential plc (LON:PRU) received a GBX 1,748 ($21.84) target price from Barclays PLC in a research note issued on Friday. The brokerage currently has a a “buy” rating on the stock. Barclays PLC’s price objective suggests a potential upside of 15.00% from the stock’s current price.
A number of other research firms also recently commented on PRU. Morgan Stanley set a GBX 1,685 ($21.05) price objective on Prudential plc and gave the company a “buy” rating in a report on Monday, September 5th. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 1,385 ($17.30) price objective on shares of Prudential plc in a report on Wednesday, September 14th. Royal Bank Of Canada reiterated a “sector performer” rating and issued a GBX 1,470 ($18.37) price objective on shares of Prudential plc in a report on Wednesday, September 14th. Goldman Sachs Group Inc. reiterated an “outperform” rating and issued a GBX 1,700 ($21.24) price objective on shares of Prudential plc in a report on Thursday, September 1st. Finally, Macquarie reiterated an “outperform” rating and issued a GBX 1,587 ($19.83) price objective on shares of Prudential plc in a report on Friday, September 9th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Prudential plc currently has an average rating of “Buy” and an average price target of GBX 1,605.09 ($20.05).
Shares of Prudential plc (LON:PRU) opened at 1527.875 on Friday. The firm’s market capitalization is GBX 39.23 billion. The stock’s 50 day moving average price is GBX 1,407.36 and its 200 day moving average price is GBX 1,348.28. Prudential plc has a one year low of GBX 1,085.00 and a one year high of GBX 1,576.00.
In related news, insider Lord J. Adair Turner acquired 2,000 shares of the stock in a transaction on Thursday, September 29th. The shares were purchased at an average price of GBX 1,398 ($17.47) per share, for a total transaction of £27,960 ($34,932.53). Also, insider Tony Paul Wilkey sold 559 shares of the firm’s 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 value 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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