Prudential (LON:PRU) has been assigned a GBX 2,000 ($26.13) target price by research analysts at UBS Group in a report released on Wednesday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. UBS Group’s price objective would indicate a potential upside of 26.30% from the company’s current price.
PRU has been the subject of several other reports. Barclays reaffirmed a “top pick” rating on shares of Prudential in a report on Monday, January 21st. JPMorgan Chase & Co. lifted their target price on shares of Prudential from GBX 1,522 ($19.89) to GBX 1,558 ($20.36) and gave the stock a “neutral” rating in a report on Tuesday, February 5th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Prudential in a report on Thursday, November 15th. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 1,750 ($22.87) target price on shares of Prudential in a report on Monday, January 7th. Finally, HSBC decreased their price objective on shares of Prudential from GBX 2,270 ($29.66) to GBX 2,240 ($29.27) and set a “buy” rating for the company in a report on Wednesday, January 23rd. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 2,096.33 ($27.39).
Shares of Prudential stock opened at GBX 1,583.50 ($20.69) on Wednesday. Prudential has a 52-week low of GBX 1,612.14 ($21.07) and a 52-week high of GBX 1,992.50 ($26.04).
Prudential plc, together with its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The company offers health and protection, as well as other life insurance products, including participating business and mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.
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