Deutsche Bank AG reissued their buy rating on shares of Prudential plc (LON:PRU) in a research report released on Tuesday, May 16th. They currently have a GBX 2,000 ($25.30) price target on the financial services provider’s stock.

PRU has been the topic of several other reports. J P Morgan Chase & Co raised shares of Prudential plc to a neutral rating and raised their target price for the stock from GBX 1,450 ($18.34) to GBX 1,705 ($21.57) in a report on Friday, March 17th. Goldman Sachs Group, Inc. (The) reissued a conviction-buy rating and issued a GBX 1,775 ($22.45) price objective on shares of Prudential plc in a research note on Wednesday, March 15th. Macquarie reissued an outperform rating and issued a GBX 1,683 ($21.29) price objective on shares of Prudential plc in a research note on Thursday, March 9th. Canaccord Genuity raised their target price on shares of Prudential plc from GBX 1,700 ($21.51) to GBX 1,900 ($24.04) and gave the company a buy rating in a research report on Friday, March 17th. Finally, Berenberg Bank raised their target price on shares of Prudential plc from GBX 1,783 ($22.56) to GBX 2,200 ($27.83) and gave the company a buy rating in a research report on Wednesday, April 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of GBX 1,838.63 ($23.26).

Prudential plc (PRU) traded up 1.07% during midday trading on Tuesday, reaching GBX 1792.50. The company’s stock had a trading volume of 8,039,428 shares. Prudential plc has a 52 week low of GBX 1,096.00 and a 52 week high of GBX 1,801.50. The firm has a 50 day moving average price of GBX 1,754.24 and a 200-day moving average price of GBX 1,657.98. The firm’s market cap is GBX 46.07 billion.

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In other news, insider John W. Foley sold 22,807 shares of the business’s stock in a transaction dated Tuesday, April 4th. The shares were sold at an average price of GBX 1,663 ($21.04), for a total transaction of £379,280.41 ($479,798.12). Also, insider Tony Paul Wilkey sold 147,537 shares of the business’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of GBX 1,663 ($21.04), for a total transaction of £2,453,540.31 ($3,103,782.81). Over the last three months, insiders have bought 31 shares of company stock valued at $53,478.

Prudential plc Company Profile

Prudential Public Limited Company (Prudential) is a United Kingdom-based 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.

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