Prudential plc’s (PRU) Buy Rating Reaffirmed at Deutsche Bank AG
Prudential plc (LON:PRU)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank AG in a research report issued to clients and investors on Friday. They presently have a GBX 2,000 ($26.05) price objective on the financial services provider’s stock. Deutsche Bank AG’s target price would suggest a potential upside of 9.53% from the stock’s previous close.
A number of other equities research analysts have also issued reports on the company. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a GBX 2,000 ($26.05) target price on shares of Prudential plc in a research note on Tuesday, July 4th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 2,045 ($26.63) target price on shares of Prudential plc in a research note on Friday, May 19th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 1,949 ($25.38) target price on shares of Prudential plc in a research note on Friday, July 21st. Morgan Stanley reaffirmed an “overweight” rating and issued a GBX 2,095 ($27.28) target price on shares of Prudential plc in a research note on Thursday, April 27th. Finally, Panmure Gordon reaffirmed a “buy” rating and issued a GBX 2,061 ($26.84) target price on shares of Prudential plc in a research note on Friday, May 19th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of GBX 1,894.28 ($24.67).
Shares of Prudential plc (PRU) opened at 1812.00 on Friday. Prudential plc has a 12-month low of GBX 1,290.00 and a 12-month high of GBX 1,889.50. The company has a 50 day moving average price of GBX 1,804.54 and a 200 day moving average price of GBX 1,717.07. The firm’s market cap is GBX 46.57 billion.
TRADEMARK VIOLATION WARNING: “Prudential plc’s (PRU) Buy Rating Reaffirmed at Deutsche Bank AG” was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and international copyright laws. The correct version of this piece can be viewed at https://www.dailypolitical.com/2017/08/11/prudential-plcs-pru-buy-rating-reaffirmed-at-deutsche-bank-ag-2.html.
In other news, insider Lord J. Adair Turner acquired 1,000 shares of the company’s stock in a transaction dated Wednesday, June 28th. The stock was acquired at an average cost of GBX 1,802 ($23.47) per share, for a total transaction of £18,020 ($23,466.60). Over the last 90 days, insiders have bought 1,030 shares of company stock valued at $1,856,180.
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.
Receive News & Ratings for Prudential plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential plc and related companies with MarketBeat.com's FREE daily email newsletter.