Jefferies Group Reiterates Hold Rating for Prudential (LON:PRU)

Jefferies Group reissued their hold rating on shares of Prudential (LON:PRU) in a research note released on Friday, November 17th. Jefferies Group currently has a GBX 2,000 ($26.92) price target on the financial services provider’s stock.

Several other equities analysts have also recently issued reports on PRU. Barclays reiterated an overweight rating and set a GBX 1,949 ($26.23) price target on shares of Prudential in a research report on Friday, July 21st. Royal Bank Of Canada set a GBX 1,620 ($21.80) price target on Prudential and gave the company a neutral rating in a research report on Friday, July 21st. Deutsche Bank reiterated a buy rating and set a GBX 2,000 ($26.92) price target on shares of Prudential in a research report on Wednesday, July 26th. J P Morgan Chase & Co raised their price objective on Prudential from GBX 1,705 ($22.95) to GBX 1,800 ($24.23) and gave the stock a neutral rating in a research note on Tuesday, August 1st. Finally, S&P Global set a GBX 1,900 ($25.57) price objective on Prudential and gave the stock a neutral rating in a research note on Thursday, August 10th. Five research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of GBX 2,003.72 ($26.97).

Shares of Prudential (PRU) traded up GBX 15.50 ($0.21) during mid-day trading on Friday, hitting GBX 1,830.50 ($24.64). The stock had a trading volume of 4,018,943 shares, compared to its average volume of 4,610,000. Prudential has a one year low of GBX 1,524 ($20.51) and a one year high of GBX 1,933.50 ($26.02).

In other news, insider Anne Richards acquired 21,408 shares of Prudential stock in a transaction that occurred on Monday, December 4th. The stock was purchased at an average price of GBX 1,833 ($24.67) per share, with a total value of £392,408.64 ($528,140.83). Also, insider Anthony Nightingale acquired 20,000 shares of Prudential stock in a transaction that occurred on Friday, September 29th. The shares were purchased at an average cost of GBX 1,788 ($24.06) per share, with a total value of £357,600 ($481,292.06). In the last ninety days, insiders bought 43,601 shares of company stock valued at $79,028,243.

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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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