Prudential plc (LON:PRU) received a GBX 2,000 ($26.05) price objective from equities researchers at UBS AG in a report issued on Thursday, July 13th, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. UBS AG’s price target would indicate a potential upside of 6.07% from the stock’s current price.
A number of other research firms have also recently commented on PRU. Panmure Gordon increased their target price on shares of Prudential plc from GBX 1,850 ($24.09) to GBX 2,061 ($26.84) and gave the stock a “buy” rating in a report on Monday, March 20th. Canaccord Genuity increased their target price on shares of Prudential plc from GBX 1,700 ($22.14) to GBX 1,900 ($24.74) and gave the stock a “buy” rating in a report on Friday, March 17th. BNP Paribas reissued an “outperform” rating and issued a GBX 1,880 ($24.48) target price on shares of Prudential plc in a report on Monday, March 20th. Jefferies Group LLC upped their price objective on Prudential plc from GBX 1,469 ($19.13) to GBX 1,771 ($23.06) and gave the company a “hold” rating in a research note on Monday, April 24th. Finally, Royal Bank Of Canada upped their price objective on Prudential plc from GBX 1,500 ($19.53) to GBX 1,600 ($20.84) and gave the company a “sector performer” rating in a research note on Friday, March 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of GBX 1,883.17 ($24.52).
Shares of Prudential plc (PRU) opened at 1885.50 on Thursday. Prudential plc has a 52 week low of GBX 1,290.00 and a 52 week high of GBX 1,889.50. The stock’s market capitalization is GBX 48.46 billion. The stock’s 50 day moving average is GBX 1,803.37 and its 200 day moving average is GBX 1,714.24.
In other Prudential plc news, insider Lord J. Adair Turner bought 1,000 shares of the firm’s stock in a transaction dated Wednesday, June 28th. The stock was purchased at an average cost of GBX 1,802 ($23.47) per share, with a total value of £18,020 ($23,466.60). Over the last ninety days, insiders have bought 1,020 shares of company stock valued at $1,837,450.
About Prudential plc
Prudential Public Limited Company (Prudential) is a United Kingdom-based 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.
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