Prudential plc (LON:PRU) had its price target upped by analysts at Goldman Sachs Group, Inc. (The) from GBX 2,000 ($25.83) to GBX 2,040 ($26.35) in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the financial services provider’s stock. Goldman Sachs Group, Inc. (The)’s target price suggests a potential upside of 13.97% from the company’s previous close.
Several other brokerages have also weighed in on PRU. Morgan Stanley set a GBX 2,084 ($26.91) target price on shares of Prudential plc and gave the stock a “buy” rating in a research note on Tuesday, July 4th. UBS AG set a GBX 2,200 ($28.41) target price on shares of Prudential plc and gave the stock a “buy” rating in a research note on Friday, August 11th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 2,000 ($25.83) target price on shares of Prudential plc in a research note on Wednesday, July 26th. Royal Bank Of Canada set a GBX 1,620 ($20.92) target price on shares of Prudential plc and gave the stock a “neutral” rating in a research note on Friday, July 21st. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 2,061 ($26.62) target price on shares of Prudential plc in a research note on Friday, May 19th. Five research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,954.50 ($25.24).
Shares of Prudential plc (PRU) opened at 1777.50 on Tuesday. The stock has a 50 day moving average of GBX 1,815.76 and a 200 day moving average of GBX 1,752.99. Prudential plc has a 12-month low of GBX 1,290.00 and a 12-month high of GBX 1,889.50. The company’s market cap is GBX 45.76 billion.
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In other news, insider Lord J. Adair Turner bought 1,000 shares of Prudential plc stock in a transaction that occurred on Wednesday, June 28th. The shares were purchased at an average price of GBX 1,802 ($23.27) per share, with a total value of £18,020 ($23,272.63). In the last ninety days, insiders purchased 1,031 shares of company stock worth $1,857,855.
Prudential plc Company Profile
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.
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