Prudential plc (PRU) Earns “Buy” Rating from Citigroup Inc.
Citigroup Inc. restated their buy rating on shares of Prudential plc (LON:PRU) in a research note issued to investors on Friday morning. They currently have a GBX 2,109 ($27.74) price objective on the financial services provider’s stock.
Several other equities analysts have also recently issued reports on PRU. Credit Suisse Group set a GBX 2,075 ($27.29) price target on Prudential plc and gave the company a buy rating in a research report on Friday, August 18th. Deutsche Bank AG restated a buy rating and issued a GBX 2,000 ($26.31) price target on shares of Prudential plc in a research report on Thursday, August 17th. Shore Capital restated a buy rating on shares of Prudential plc in a research report on Friday, August 11th. UBS AG set a GBX 2,200 ($28.94) price target on Prudential plc and gave the company a buy rating in a research report on Friday, August 11th. Finally, Goldman Sachs Group, Inc. (The) set a GBX 2,000 ($26.31) price target on Prudential plc and gave the company a buy rating in a research report on Friday, August 11th. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The stock presently has an average rating of Buy and an average price target of GBX 1,995.17 ($26.24).
Shares of Prudential plc (PRU) opened at GBX 1,888 ($24.83) on Friday. Prudential plc has a 52-week low of GBX 1,496 ($19.68) and a 52-week high of GBX 1,898 ($24.96).
ILLEGAL ACTIVITY WARNING: This news story was reported by Daily Political and is the property of of Daily Political. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this news story can be read at https://www.dailypolitical.com/2017/11/20/prudential-plc-pru-earns-buy-rating-from-citigroup-inc.html.
In other news, insider Anthony Nightingale acquired 20,000 shares of the firm’s stock in a transaction on Friday, September 29th. The stock was bought at an average cost of GBX 1,788 ($23.52) per share, with a total value of £357,600 ($470,340.66). Over the last quarter, insiders purchased 20,031 shares of company stock valued at $35,815,785.
About Prudential plc
Prudential Public Limited Company is an 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. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.
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.