Prudential plc (LON:PRU)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a research note issued to investors on Thursday.
A number of other research firms also recently weighed in on PRU. Morgan Stanley set a GBX 1,685 ($21.99) price target on shares of Prudential plc and gave the stock a “buy” rating in a research note on Monday, September 5th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 1,648 ($21.51) price target on shares of Prudential plc in a research note on Thursday, August 18th. Bank of America Corp. set a GBX 1,560 ($20.36) price target on shares of Prudential plc and gave the stock a “buy” rating in a research note on Monday, June 27th. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 1,385 ($18.08) price target on shares of Prudential plc in a research note on Wednesday, September 14th. Finally, Goldman Sachs Group Inc. set a GBX 1,750 ($22.84) price target on shares of Prudential plc and gave the stock a “buy” rating in a research note on Tuesday, June 28th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have given a buy rating to the company. Prudential plc presently has a consensus rating of “Buy” and an average target price of GBX 1,591.55 ($20.77).
Prudential plc (LON:PRU) opened at 1367.00 on Thursday. The company’s 50 day moving average is GBX 1,384.07 and its 200-day moving average is GBX 1,334.33. Prudential plc has a 52 week low of GBX 1,085.00 and a 52 week high of GBX 1,578.50. The firm’s market cap is GBX 35.10 billion.
The company also recently disclosed a dividend, which was paid on Thursday, September 29th. Investors of record on Thursday, August 25th were given a GBX 12.93 ($0.17) dividend. The ex-dividend date was Thursday, August 25th. This represents a yield of 0.91%.
In other news, insider Lord J. Adair Turner acquired 2,000 shares of the business’s stock in a transaction that occurred on Thursday, September 29th. The shares were purchased at an average cost of GBX 1,398 ($18.25) per share, for a total transaction of £27,960 ($36,496.54). Also, insider Tony Paul Wilkey sold 47,182 shares of Prudential plc stock in a transaction dated Friday, September 23rd. The shares were sold at an average price of GBX 1,401 ($18.29), for a total transaction of £661,019.82 ($862,837.51).
About Prudential plc
Prudential Public Limited Company is an international financial services company. The Company has operations in Asia, the United States and the United Kingdom. Its segments include Insurance operations, including Asia, the United States (Jackson National Life Insurance Company (Jackson)) and the United Kingdom, and Asset management operations, including Eastspring Investments, the United States broker-dealer and asset management, M&G and Prudential Capital.
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