JPMorgan Chase & Co. set a GBX 1,800 ($24.41) price objective on Prudential (LON:PRU) in a research note published on Friday, January 5th. The brokerage currently has a neutral rating on the financial services provider’s stock.
PRU has been the topic of a number of other research reports. Barclays set a GBX 2,015 ($27.33) price target on shares of Prudential and gave the company a buy rating in a report on Friday, September 8th. Goldman Sachs Group lifted their price target on shares of Prudential from GBX 2,000 ($27.12) to GBX 2,040 ($27.66) and gave the company a buy rating in a report on Tuesday, September 12th. Societe Generale set a GBX 1,790 ($24.27) target price on shares of Prudential and gave the company a neutral rating in a research note on Wednesday, September 13th. Deutsche Bank reissued a buy rating and issued a GBX 2,000 ($27.12) target price on shares of Prudential in a research note on Thursday, October 5th. Finally, Morgan Stanley lifted their price target on shares of Prudential from GBX 2,092 ($28.37) to GBX 2,166 ($29.37) and gave the stock an overweight rating in a research note on Thursday, October 19th. Five investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of GBX 2,033.21 ($27.57).
Shares of Prudential (LON:PRU) traded up GBX 3.50 ($0.05) during midday trading on Friday, reaching GBX 1,919.50 ($26.03). 6,665,741 shares of the company were exchanged, compared to its average volume of 3,230,000. Prudential has a 1 year low of GBX 1,531 ($20.76) and a 1 year high of GBX 1,992.50 ($27.02). The firm has a market capitalization of $49,520.00 and a price-to-earnings ratio of 1,793.93.
In other Prudential news, insider David J. A. Law bought 2,162 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was bought at an average cost of GBX 1,837 ($24.91) per share, with a total value of £39,715.94 ($53,859.43). Also, insider Anne Richards bought 21,408 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was acquired at an average cost of GBX 1,833 ($24.86) per share, with a total value of £392,408.64 ($532,151.67). Insiders have purchased 23,600 shares of company stock worth $43,268,288 over the last ninety days.
TRADEMARK VIOLATION NOTICE: “Prudential (PRU) Given a GBX 1,800 Price Target at JPMorgan Chase & Co.” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://www.dispatchtribunal.com/2018/01/28/prudential-pru-given-a-gbx-1800-price-target-at-jpmorgan-chase-co.html.
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 & Ratings for Prudential Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential and related companies with MarketBeat.com's FREE daily email newsletter.