Prudential plc (LON:PRU) Given Consensus Rating of “Buy” by Analysts
Prudential plc (LON:PRU) has been assigned a consensus rating of “Buy” from the nineteen ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 1,877.89 ($24.52).
A number of research firms recently weighed in on PRU. UBS AG set a GBX 2,000 ($26.12) price objective on shares of Prudential plc and gave the stock a “buy” rating in a research report on Friday, May 19th. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 1,705 ($22.26) price target on shares of Prudential plc in a research report on Friday, May 19th. Goldman Sachs Group, Inc. (The) set a GBX 2,000 ($26.12) price target on shares of Prudential plc and gave the company a “buy” rating in a research report on Tuesday, June 6th. Barclays PLC reissued an “overweight” rating and issued a GBX 1,949 ($25.45) price target on shares of Prudential plc in a research report on Friday. Finally, Royal Bank Of Canada set a GBX 1,620 ($21.15) price objective on shares of Prudential plc and gave the company a “neutral” rating in a report on Friday.
In related news, insider Lord J. Adair Turner purchased 1,000 shares of Prudential plc stock in a transaction dated Wednesday, June 28th. The stock was acquired at an average cost of GBX 1,802 ($23.53) per share, with a total value of £18,020 ($23,530.95). Insiders bought 1,030 shares of company stock valued at $1,854,950 over the last three months.
Shares of Prudential plc (PRU) traded up 0.70% on Friday, hitting GBX 1800.00. The company’s stock had a trading volume of 4,307,535 shares. The firm’s market cap is GBX 46.27 billion. Prudential plc has a one year low of GBX 1,290.00 and a one year high of GBX 1,831.50. The stock has a 50-day moving average price of GBX 1,779.29 and a 200 day moving average price of GBX 1,691.43.
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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