Douglas Flint Acquires 12,500 Shares of Prudential (LON:PRU) Stock

Prudential plc (LON:PRU) insider Douglas Flint acquired 12,500 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were bought at an average cost of GBX 959 per share, with a total value of £119,875.

Prudential Trading Up 0.4%

Prudential stock opened at GBX 1,010 on Tuesday. Prudential plc has a twelve month low of GBX 875.20 and a twelve month high of GBX 1,238. The stock has a 50 day moving average of GBX 1,093.39 and a two-hundred day moving average of GBX 1,114.66. The stock has a market capitalization of £25.30 billion, a price-to-earnings ratio of 6.58, a PEG ratio of 0.40 and a beta of 0.91.

Analysts Set New Price Targets

PRU has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on Prudential from GBX 1,450 to GBX 1,480 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft increased their price objective on Prudential from GBX 1,355 to GBX 1,440 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 1,379.

About Prudential

Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts.