Prudential (PRU) Given a GBX 2,290 Price Target by Goldman Sachs Group Analysts

Prudential (LON:PRU) has been given a GBX 2,290 ($31.64) target price by equities research analysts at Goldman Sachs Group in a report issued on Wednesday. The firm currently has a “buy” rating on the financial services provider’s stock. Goldman Sachs Group’s price target indicates a potential upside of 25.17% from the company’s previous close.

Several other research firms also recently weighed in on PRU. Morgan Stanley boosted their price target on Prudential from GBX 2,092 ($28.90) to GBX 2,166 ($29.93) and gave the company an “overweight” rating in a research note on Thursday, October 19th. Barclays dropped their price target on Prudential from GBX 2,169 ($29.97) to GBX 2,161 ($29.86) and set an “overweight” rating on the stock in a research note on Monday, December 11th. Shore Capital reiterated a “buy” rating on shares of Prudential in a research note on Thursday, November 16th. Credit Suisse Group reiterated an “outperform” rating and set a GBX 2,075 ($28.67) price target on shares of Prudential in a research note on Tuesday, November 7th. Finally, JPMorgan Chase & Co. set a GBX 1,800 ($24.87) price target on Prudential and gave the company a “neutral” rating in a research note on Thursday, January 11th. Five investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Prudential presently has a consensus rating of “Buy” and a consensus price target of GBX 2,065.89 ($28.54).

Prudential (PRU) opened at GBX 1,829.50 ($25.28) on Wednesday. Prudential has a 1 year low of GBX 1,589 ($21.95) and a 1 year high of GBX 1,992.50 ($27.53). The stock has a market capitalization of $47,220.00 and a PE ratio of 1,709.81.

In related news, insider David J. A. Law bought 2,162 shares of the stock in a transaction dated Friday, December 1st. The shares were purchased at an average price of GBX 1,837 ($25.38) per share, for a total transaction of £39,715.94 ($54,871.43). Also, insider Anne Richards bought 21,408 shares of the stock in a transaction dated Monday, December 4th. The stock was bought at an average price of GBX 1,833 ($25.32) per share, for a total transaction of £392,408.64 ($542,150.65). Insiders bought 23,600 shares of company stock worth $43,267,988 in the last 90 days.

TRADEMARK VIOLATION WARNING: “Prudential (PRU) Given a GBX 2,290 Price Target by Goldman Sachs Group Analysts” was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this news story on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The legal version of this news story can be accessed at https://www.dispatchtribunal.com/2018/02/16/prudential-pru-given-a-gbx-2290-price-target-by-goldman-sachs-group-analysts.html.

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)

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.

Leave a Reply