Prudential plc (LON:PRU)‘s stock had its “buy” rating reaffirmed by stock analysts at Goldman Sachs Group, Inc. (The) in a report issued on Tuesday, May 30th. They currently have a GBX 2,000 ($25.30) target price on the financial services provider’s stock. Goldman Sachs Group, Inc. (The)’s target price indicates a potential upside of 12.77% from the stock’s previous close.
Other research analysts also recently issued research reports about the stock. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 1,705 ($21.57) price target on shares of Prudential plc in a research report on Friday, May 19th. Jefferies Group LLC increased their price objective on shares of Prudential plc from GBX 1,469 ($18.58) to GBX 1,771 ($22.40) and gave the company a “hold” rating in a report on Monday, April 24th. Barclays PLC reiterated an “overweight” rating and issued a GBX 1,921 ($24.30) price objective on shares of Prudential plc in a report on Monday, March 27th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 2,000 ($25.30) price objective on shares of Prudential plc in a report on Monday, May 22nd. Finally, S&P Global set a GBX 1,800 ($22.77) price objective on shares of Prudential plc and gave the company a “neutral” rating in a report on Tuesday, March 14th. One research analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of GBX 1,838.63 ($23.26).
Prudential plc (LON PRU) traded up 0.31% during trading on Tuesday, hitting GBX 1773.50. The stock had a trading volume of 4,501,049 shares. The firm’s market cap is GBX 45.59 billion. The company’s 50 day moving average is GBX 1,752.31 and its 200 day moving average is GBX 1,657.03. Prudential plc has a 52-week low of GBX 1,096.00 and a 52-week high of GBX 1,801.50.
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In other news, insider John W. Foley sold 22,807 shares of Prudential plc stock in a transaction dated Tuesday, April 4th. The shares were sold at an average price of GBX 1,663 ($21.04), for a total value of £379,280.41 ($479,798.12). Also, insider Tony Paul Wilkey sold 147,537 shares of Prudential plc stock in a transaction dated Monday, April 3rd. The shares were sold at an average price of GBX 1,663 ($21.04), for a total transaction of £2,453,540.31 ($3,103,782.81). In the last ninety days, insiders bought 31 shares of company stock worth $53,478.
Prudential plc Company Profile
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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