Prudential plc (LON:PRU) had its price objective increased by analysts at BNP Paribas from GBX 1,700 ($21.09) to GBX 1,800 ($22.33) in a research report issued on Tuesday. The brokerage currently has an “outperform” rating on the stock. BNP Paribas’ price objective indicates a potential upside of 16.24% from the company’s previous close.

Several other equities research analysts have also commented on PRU. Panmure Gordon cut their price target on shares of Prudential plc from GBX 1,891 ($23.46) to GBX 1,545 ($19.17) and set a “buy” rating for the company in a report on Wednesday, August 3rd. Royal Bank Of Canada reissued a “sector performer” rating on shares of Prudential plc in a report on Wednesday, August 10th. Deutsche Bank AG reissued a “hold” rating and issued a GBX 1,385 ($17.18) price target on shares of Prudential plc in a report on Thursday, August 11th. Societe Generale reissued a “hold” rating and issued a GBX 1,400 ($17.37) price target on shares of Prudential plc in a report on Thursday, August 11th. Finally, Goldman Sachs Group Inc. reissued a “conviction-buy” rating and issued a GBX 1,750 ($21.71) price target on shares of Prudential plc in a report on Wednesday, August 17th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and seventeen have given a buy rating to the company’s stock. Prudential plc has an average rating of “Buy” and a consensus price target of GBX 1,609.64 ($19.97).

Analyst Recommendations for Prudential plc (LON:PRU)

Shares of Prudential plc (LON:PRU) opened at 1551.00 on Tuesday. The company’s market cap is GBX 39.83 billion. Prudential plc has a 12-month low of GBX 1,085.00 and a 12-month high of GBX 1,576.00. The stock has a 50 day moving average of GBX 1,433.29 and a 200 day moving average of GBX 1,359.45.

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In other Prudential plc news, insider David J. A. Law purchased 3,577 shares of Prudential plc stock in a transaction dated Monday, October 3rd. The shares were acquired at an average price of GBX 1,388 ($17.22) per share, with a total value of £49,648.76 ($61,591.32). Also, insider Lord J. Adair Turner purchased 2,000 shares of Prudential plc stock in a transaction dated Thursday, September 29th. The shares were acquired at an average cost of GBX 1,398 ($17.34) per share, for a total transaction of £27,960 ($34,685.52).

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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