Prudential plc (LON:PRU) insider Mike Wells acquired 10 shares of the stock in a transaction on Monday, October 9th. The shares were acquired at an average price of GBX 1,819 ($23.92) per share, with a total value of £181.90 ($239.15).
Shares of Prudential plc (LON PRU) opened at 1829.50 on Friday. The company has a 50 day moving average price of GBX 1,787.51 and a 200 day moving average price of GBX 1,766.80. Prudential plc has a one year low of GBX 1,290.00 and a one year high of GBX 1,889.50. The company’s market cap is GBX 47.10 billion.
The business also recently disclosed a dividend, which was paid on Thursday, September 28th. Stockholders of record on Thursday, August 24th were paid a GBX 14.50 ($0.19) dividend. The ex-dividend date was Thursday, August 24th. This represents a dividend yield of 0.79%.
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Several brokerages have recently commented on PRU. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 2,000 ($26.30) target price on shares of Prudential plc in a research report on Thursday, October 5th. Barclays PLC reiterated an “overweight” rating and issued a GBX 2,015 ($26.49) target price on shares of Prudential plc in a research report on Monday, September 25th. Societe Generale lifted their target price on Prudential plc from GBX 1,725 ($22.68) to GBX 1,790 ($23.53) and gave the stock a “hold” rating in a research report on Thursday, September 14th. Goldman Sachs Group, Inc. (The) lifted their target price on Prudential plc from GBX 2,000 ($26.30) to GBX 2,040 ($26.82) and gave the stock a “buy” rating in a research report on Tuesday, September 12th. Finally, Berenberg Bank lifted their target price on Prudential plc from GBX 2,200 ($28.92) to GBX 2,400 ($31.55) and gave the stock a “buy” rating in a research report on Thursday, August 31st. Five equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Prudential plc currently has an average rating of “Buy” and a consensus price target of GBX 1,954.50 ($25.70).
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.
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