Prudential (PRU) PT Set at GBX 1,899 by JPMorgan Chase & Co.
Prudential (LON:PRU) has been assigned a GBX 1,899 ($24.81) price objective by stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday. The brokerage presently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 19.62% from the company’s current price.
Several other equities research analysts have also recently issued reports on the stock. Shore Capital reaffirmed an “under review” rating on shares of Prudential in a research note on Monday, September 17th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Prudential in a research note on Thursday, August 23rd. Berenberg Bank raised their price target on shares of Prudential from GBX 2,400 ($31.36) to GBX 2,600 ($33.97) and gave the stock a “buy” rating in a research note on Thursday, August 30th. Morgan Stanley decreased their price target on shares of Prudential from GBX 2,481 ($32.42) to GBX 2,469 ($32.26) and set an “overweight” rating on the stock in a research note on Monday, September 17th. Finally, Deutsche Bank reaffirmed a “buy” rating and set a GBX 2,275 ($29.73) price target on shares of Prudential in a research note on Thursday, August 9th. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 2,168.94 ($28.34).
Prudential stock opened at GBX 1,587.50 ($20.74) on Thursday. Prudential has a 12-month low of GBX 1,612.14 ($21.07) and a 12-month high of GBX 1,992.50 ($26.04).
Prudential plc, together with its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The company offers health and protection, as well as other life insurance products, including participating business and mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.
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