Prudential plc (PRU) Rating Reiterated by Barclays PLC
Prudential plc (LON:PRU)‘s stock had its “overweight” rating reiterated by investment analysts at Barclays PLC in a research report issued on Tuesday.
Several other equities analysts also recently commented on the company. HSBC upped their target price on Prudential plc from GBX 1,570 ($20.49) to GBX 1,680 ($21.93) and gave the company a “buy” rating in a research report on Wednesday, September 14th. Royal Bank Of Canada reissued a “sector performer” rating and set a GBX 1,470 ($19.19) price target on shares of Prudential plc in a research report on Wednesday, September 14th. Deutsche Bank AG reissued a “hold” rating and set a GBX 1,385 ($18.08) price target on shares of Prudential plc in a research report on Wednesday, September 14th. Macquarie reissued an “outperform” rating and set a GBX 1,587 ($20.72) price target on shares of Prudential plc in a research report on Friday, September 9th. Finally, Canaccord Genuity increased their price target on Prudential plc from GBX 1,425 ($18.60) to GBX 1,515 ($19.78) and gave the stock a “buy” rating in a research report on Wednesday, September 7th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have given a buy rating to the stock. Prudential plc presently has a consensus rating of “Buy” and a consensus target price of GBX 1,588.59 ($20.74).
Shares of Prudential plc (LON:PRU) opened at 1400.00 on Tuesday. The stock has a 50 day moving average price of GBX 1,381.04 and a 200 day moving average price of GBX 1,331.84. The firm’s market capitalization is GBX 35.95 billion. Prudential plc has a 1-year low of GBX 1,045.99 and a 1-year high of GBX 1,578.50.
The business also recently disclosed a dividend, which will be paid on Thursday, September 29th. Investors of record on Thursday, August 25th will be issued a GBX 12.93 ($0.17) dividend. The ex-dividend date of this dividend is Thursday, August 25th. This represents a yield of 0.91%.
In related news, insider Turner,Lord J. Adair acquired 1,500 shares of the firm’s stock in a transaction that occurred on Monday, June 27th. The stock was acquired at an average cost of GBX 1,178 ($15.38) per share, for a total transaction of £17,670 ($23,064.87).
Prudential plc Company Profile
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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