Prudential (LON:PRU) has been assigned a GBX 2,300 ($30.96) price target by research analysts at Bank of America in a research report issued on Wednesday. The firm currently has a “buy” rating on the financial services provider’s stock. Bank of America’s price target points to a potential upside of 24.97% from the company’s previous close.

A number of other research analysts also recently weighed in on PRU. Deutsche Bank reaffirmed a “buy” rating and set a GBX 2,000 ($26.92) price target on shares of Prudential in a research note on Thursday, August 17th. Credit Suisse Group set a GBX 2,075 ($27.93) price target on Prudential and gave the stock a “buy” rating in a research note on Friday, August 18th. Berenberg Bank upped their price target on Prudential from GBX 2,200 ($29.61) to GBX 2,400 ($32.30) and gave the stock a “buy” rating in a research note on Thursday, August 31st. Barclays set a GBX 2,015 ($27.12) price target on Prudential and gave the stock a “buy” rating in a research note on Friday, September 8th. Finally, Goldman Sachs Group upped their price target on Prudential from GBX 2,000 ($26.92) to GBX 2,040 ($27.46) and gave the stock a “buy” rating in a research note on Tuesday, September 12th. Five investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 2,021 ($27.20).

Prudential (PRU) traded down GBX 3 ($0.04) during mid-day trading on Wednesday, reaching GBX 1,840.50 ($24.77). The company had a trading volume of 2,036,454 shares, compared to its average volume of 4,550,000. Prudential has a fifty-two week low of GBX 1,524 ($20.51) and a fifty-two week high of GBX 1,933.50 ($26.02).

In other Prudential news, insider David J. A. Law purchased 2,162 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was bought at an average cost of GBX 1,837 ($24.72) per share, with a total value of £39,715.94 ($53,453.49). Also, insider Anne Richards purchased 21,408 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were acquired at an average cost of GBX 1,833 ($24.67) per share, with a total value of £392,408.64 ($528,140.83). Insiders have purchased 43,600 shares of company stock valued at $79,027,308 over the last ninety days.

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Prudential Company Profile

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.

Analyst Recommendations for Prudential (LON:PRU)

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