Prudential plc (PRU) Given Average Recommendation of “Buy” by Brokerages
Shares of Prudential plc (LON:PRU) have earned a consensus rating of “Buy” from the nineteen brokerages that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 1,907.50 ($24.76).
A number of equities analysts have recently commented on the company. Credit Suisse Group set a GBX 2,075 ($26.94) price objective on Prudential plc and gave the stock a “buy” rating in a research report on Friday. Deutsche Bank AG reissued a “buy” rating and set a GBX 2,000 ($25.96) price objective on shares of Prudential plc in a research report on Thursday. Morgan Stanley boosted their price objective on Prudential plc from GBX 2,084 ($27.05) to GBX 2,092 ($27.16) and gave the stock an “overweight” rating in a research report on Monday, August 14th. Shore Capital reissued a “buy” rating on shares of Prudential plc in a research report on Friday, August 11th. Finally, UBS AG set a GBX 2,200 ($28.56) price objective on Prudential plc and gave the stock a “buy” rating in a research report on Friday, August 11th.
In other news, insider Lord J. Adair Turner acquired 1,000 shares of Prudential plc stock in a transaction on Wednesday, June 28th. The stock was bought at an average price of GBX 1,802 ($23.39) per share, for a total transaction of £18,020 ($23,393.48). In the last quarter, insiders acquired 1,030 shares of company stock valued at $1,856,180.
Prudential plc (LON PRU) traded down 0.14% on Tuesday, reaching GBX 1811.00. 3,618,345 shares of the company’s stock were exchanged. Prudential plc has a one year low of GBX 1,290.00 and a one year high of GBX 1,889.50. The firm’s market cap is GBX 46.62 billion. The firm has a 50 day moving average price of GBX 1,805.91 and a 200 day moving average price of GBX 1,726.11.
The firm also recently declared a dividend, which will be paid on Thursday, September 28th. Investors of record on Thursday, August 24th will be issued a GBX 14.50 ($0.19) dividend. This represents a yield of 0.79%. The ex-dividend date of this dividend is Thursday, August 24th.
COPYRIGHT VIOLATION NOTICE: This piece of content was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/08/20/prudential-plc-pru-given-average-recommendation-of-buy-by-brokerages.html.
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.
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.