Prudential (PRU) Stock Price Down 0%

Shares of Prudential plc (LON:PRU) dropped 0% on Tuesday . The company traded as low as GBX 1,769 ($24.80) and last traded at GBX 1,772 ($24.85). Approximately 8,329,188 shares changed hands during trading, an increase of 152% from the average daily volume of 3,300,000 shares. The stock had previously closed at GBX 1,772 ($24.85).

PRU has been the subject of a number of recent analyst reports. Goldman Sachs Group set a GBX 2,040 ($28.60) price target on shares of Prudential and gave the stock a “buy” rating in a research report on Tuesday, November 21st. Morgan Stanley raised their price target on shares of Prudential from GBX 2,092 ($29.33) to GBX 2,166 ($30.37) and gave the stock an “overweight” rating in a research report on Thursday, October 19th. Barclays decreased their price target on shares of Prudential from GBX 2,169 ($30.41) to GBX 2,161 ($30.30) and set an “overweight” rating for the company in a research report on Monday, December 11th. Shore Capital reissued a “buy” rating on shares of Prudential in a research report on Thursday, November 16th. Finally, Credit Suisse Group reissued an “outperform” rating and set a GBX 2,075 ($29.09) price target on shares of Prudential in a research report on Tuesday, November 7th. Five research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Prudential has an average rating of “Buy” and an average target price of GBX 2,054.84 ($28.81).

The company has a market capitalization of $46,480.00 and a P/E ratio of 1,678.97.

In related news, insider David J. A. Law bought 2,162 shares of the business’s stock in a transaction on Friday, December 1st. The shares were bought at an average cost of GBX 1,837 ($25.76) per share, for a total transaction of £39,715.94 ($55,686.96). Also, insider Anne Richards bought 21,408 shares of the business’s stock in a transaction on Monday, December 4th. The stock was bought at an average price of GBX 1,833 ($25.70) per share, for a total transaction of £392,408.64 ($550,208.41). Insiders acquired 23,590 shares of company stock worth $43,249,888 over the last quarter.

COPYRIGHT VIOLATION NOTICE: “Prudential (PRU) Stock Price Down 0%” was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this news story on another domain, it was copied illegally and republished in violation of US and international copyright law. The legal version of this news story can be accessed at https://sportsperspectives.com/2018/02/08/prudential-pru-stock-price-down-0.html.

About Prudential

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.

Receive News & Ratings for Prudential Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply