Prudential plc (LON:PRU) insider Lord J. Adair Turner bought 2,000 shares of the stock in a transaction dated Thursday, September 29th. The shares were acquired at an average price of GBX 1,398 ($18.25) per share, with a total value of £27,960 ($36,496.54).
Shares of Prudential plc (LON:PRU) traded down 1.94% during mid-day trading on Friday, reaching GBX 1363.50. 3,263,823 shares of the company’s stock traded hands. The company’s market cap is GBX 35.01 billion. Prudential plc has a 12-month low of GBX 1,085.00 and a 12-month high of GBX 1,578.50. The company’s 50 day moving average is GBX 1,386.49 and its 200 day moving average is GBX 1,333.97.
The business also recently declared a dividend, which was paid on Thursday, September 29th. Shareholders of record on Thursday, August 25th were paid a dividend of GBX 12.93 ($0.17) per share. The ex-dividend date was Thursday, August 25th. This represents a yield of 0.91%.
Several equities analysts have recently issued reports on the stock. Deutsche Bank AG reiterated a “hold” rating and set a GBX 1,385 ($18.08) target price on shares of Prudential plc in a report on Thursday, August 11th. Societe Generale reiterated a “hold” rating and set a GBX 1,400 ($18.27) target price on shares of Prudential plc in a report on Thursday, August 11th. Goldman Sachs Group Inc. reiterated a “conviction-buy” rating and set a GBX 1,750 ($22.84) target price on shares of Prudential plc in a report on Wednesday, August 17th. Morgan Stanley set a GBX 1,685 ($21.99) target price on shares of Prudential plc and gave the company a “buy” rating in a report on Monday, September 5th. Finally, Barclays PLC reissued an “overweight” rating and set a GBX 1,648 ($21.51) price target on shares of Prudential plc in a research report on Thursday, September 8th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and sixteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,591.55 ($20.77).
About Prudential plc
Prudential Public Limited Company is an international financial services company. The Company has operations in Asia, the United States and the United Kingdom. Its segments include Insurance operations, including Asia, the United States (Jackson National Life Insurance Company (Jackson)) and the United Kingdom, and Asset management operations, including Eastspring Investments, the United States broker-dealer and asset management, M&G and Prudential Capital.
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