Prudential plc (PRU) Given “Hold” Rating at Societe Generale

Societe Generale reissued their hold rating on shares of Prudential plc (LON:PRU) in a research note released on Friday. Societe Generale currently has a GBX 1,790 ($23.54) price target on the financial services provider’s stock.

Several other brokerages have also commented on PRU. Barclays PLC reaffirmed an overweight rating and issued a GBX 1,949 ($25.63) price objective on shares of Prudential plc in a research report on Friday, July 21st. Royal Bank Of Canada set a GBX 1,620 ($21.31) price objective on shares of Prudential plc and gave the stock a neutral rating in a research report on Friday, July 21st. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 2,000 ($26.31) price objective on shares of Prudential plc in a research report on Wednesday, July 26th. J P Morgan Chase & Co lifted their price objective on shares of Prudential plc from GBX 1,705 ($22.43) to GBX 1,800 ($23.67) and gave the stock a neutral rating in a research report on Tuesday, August 1st. Finally, S&P Global set a GBX 1,900 ($24.99) price objective on shares of Prudential plc and gave the stock a neutral rating in a research report on Thursday, August 10th. Five analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of GBX 1,995.17 ($26.24).

Prudential plc (LON PRU) traded up GBX 9.50 ($0.12) on Friday, hitting GBX 1,889.50 ($24.85). 4,639,361 shares of the company were exchanged, compared to its average volume of 4,200,000. Prudential plc has a one year low of GBX 1,496 ($19.68) and a one year high of GBX 1,898 ($24.96).

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In other Prudential plc news, insider Anthony Nightingale acquired 20,000 shares of the stock in a transaction dated Friday, September 29th. The stock was purchased at an average cost of GBX 1,788 ($23.52) per share, for a total transaction of £357,600 ($470,340.66). Over the last 90 days, insiders bought 20,031 shares of company stock valued at $35,815,785.

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.

Analyst Recommendations for Prudential plc (LON:PRU)

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