Prudential (LON:PRU) received a GBX 2,400 ($33.16) price objective from equities research analysts at UBS in a research report issued on Thursday, March 15th, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. UBS’s target price suggests a potential upside of 31.18% from the company’s previous close.
PRU has been the subject of a number of other research reports. Bank of America set a GBX 2,300 ($31.78) target price on shares of Prudential and gave the stock a “buy” rating in a research report on Wednesday, December 13th. Deutsche Bank increased their target price on shares of Prudential from GBX 2,000 ($27.63) to GBX 2,050 ($28.32) and gave the stock a “buy” rating in a research report on Thursday, January 4th. Shore Capital reiterated a “buy” rating on shares of Prudential in a research report on Thursday, November 16th. Goldman Sachs set a GBX 2,040 ($28.18) target price on shares of Prudential and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, Citigroup reiterated a “buy” rating and set a GBX 2,109 ($29.14) target price on shares of Prudential in a research report on Friday, November 17th. Five research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 2,122.16 ($29.32).
Shares of PRU stock traded down GBX 23 ($0.32) during mid-day trading on Thursday, hitting GBX 1,829.50 ($25.28). 2,791,358 shares of the stock were exchanged, compared to its average volume of 4,740,000. Prudential has a 52 week low of GBX 1,612.14 ($22.27) and a 52 week high of GBX 1,992.50 ($27.53). The firm has a market cap of $49,510.00 and a PE ratio of 1,967.20.
Prudential (LON:PRU) last announced its quarterly earnings data on Wednesday, March 14th. The financial services provider reported GBX 145.20 ($2.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of GBX 139 ($1.92) by GBX 6.20 ($0.09). Prudential had a net margin of 3.50% and a return on equity of 19.94%. The company had revenue of GBX 4,400.50 billion during the quarter.
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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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