Citigroup set a GBX 2,186 ($30.70) price target on Prudential (LON:PRU) in a research report report published on Friday, January 12th. The brokerage currently has a buy rating on the financial services provider’s stock.
PRU has been the topic of a number of other reports. Shore Capital reissued a buy rating on shares of Prudential in a report on Thursday, November 16th. JPMorgan Chase & Co. set a GBX 1,800 ($25.28) price target on Prudential and gave the company a neutral rating in a report on Thursday, January 11th. Jefferies Group raised their price target on Prudential from GBX 1,771 ($24.87) to GBX 2,000 ($28.09) and gave the company a hold rating in a report on Tuesday, November 7th. Credit Suisse Group reissued an outperform rating and set a GBX 2,075 ($29.14) price target on shares of Prudential in a report on Tuesday, November 7th. Finally, Barclays reissued an overweight rating and set a GBX 2,161 ($30.35) price target on shares of Prudential in a report on Monday, December 18th. Five research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of GBX 2,054.84 ($28.86).
Shares of Prudential (LON PRU) traded down GBX 14.50 ($0.20) during trading on Friday, reaching GBX 1,885.50 ($26.48). The company had a trading volume of 4,692,081 shares, compared to its average volume of 3,140,000. Prudential has a one year low of GBX 1,543.50 ($21.68) and a one year high of GBX 1,992.50 ($27.98). The company has a market cap of $48,780.00 and a PE ratio of 1,762.15.
In other news, insider David J. A. Law purchased 2,162 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average price of GBX 1,837 ($25.80) per share, for a total transaction of £39,715.94 ($55,772.98). Also, insider Anne Richards purchased 21,408 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was purchased at an average price of GBX 1,833 ($25.74) per share, with a total value of £392,408.64 ($551,058.33). Insiders have acquired 23,600 shares of company stock valued at $43,268,288 in the last 90 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.
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