Prudential plc (PRU) Price Target Raised to GBX 1,790
Prudential plc (LON:PRU) had its target price increased by Societe Generale from GBX 1,725 ($22.28) to GBX 1,790 ($23.12) in a research note released on Thursday. They currently have a hold rating on the financial services provider’s stock.
Other analysts have also recently issued reports about the stock. UBS AG set a GBX 2,000 ($25.83) price objective on shares of Prudential plc and gave the company a buy rating in a research note on Thursday, July 13th. Morgan Stanley set a GBX 2,084 ($26.91) target price on shares of Prudential plc and gave the company a buy rating in a report on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) restated a buy rating and set a GBX 2,000 ($25.83) target price on shares of Prudential plc in a report on Tuesday, July 4th. HSBC Holdings plc restated a buy rating and set a GBX 1,980 ($25.57) target price on shares of Prudential plc in a report on Tuesday, June 13th. Finally, Deutsche Bank AG restated a buy rating and set a GBX 2,000 ($25.83) target price on shares of Prudential plc in a report on Monday, May 22nd. Five investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of GBX 1,954.50 ($25.24).
Prudential plc (LON:PRU) opened at 1741.00 on Thursday. The company has a 50 day moving average price of GBX 1,812.00 and a 200 day moving average price of GBX 1,752.98. Prudential plc has a 52 week low of GBX 1,290.00 and a 52 week high of GBX 1,889.50. The stock’s market cap is GBX 44.82 billion.
The firm also recently disclosed a dividend, which will be paid on Thursday, September 28th. Investors of record on Thursday, August 24th will be given a dividend of GBX 14.50 ($0.19) per share. This represents a dividend yield of 0.79%. The ex-dividend date is Thursday, August 24th.
In other Prudential plc news, insider Lord J. Adair Turner acquired 1,000 shares of the stock in a transaction that occurred on Wednesday, June 28th. The stock was acquired at an average price of GBX 1,802 ($23.27) per share, with a total value of £18,020 ($23,272.63). In the last ninety days, insiders have purchased 1,031 shares of company stock valued at $1,857,855.
About Prudential plc
Prudential Public Limited Company is an 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. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.
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.