Prudential plc (LON:PRU)‘s stock had its “overweight” rating reissued by stock analysts at Barclays PLC in a research report issued to clients and investors on Tuesday.
Several other equities analysts also recently commented on the stock. HSBC upped their price objective on shares of Prudential plc from GBX 1,570 ($20.49) to GBX 1,680 ($21.93) and gave the company a “buy” rating in a research note on Wednesday, September 14th. Royal Bank Of Canada reaffirmed a “sector performer” rating and set a GBX 1,470 ($19.19) price objective on shares of Prudential plc in a research note on Wednesday, September 14th. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 1,385 ($18.08) price objective on shares of Prudential plc in a research note on Wednesday, September 14th. Macquarie reiterated an “outperform” rating and set a GBX 1,587 ($20.72) price target on shares of Prudential plc in a research report on Friday, September 9th. Finally, Canaccord Genuity boosted their price target on shares of Prudential plc from GBX 1,425 ($18.60) to GBX 1,515 ($19.78) and gave the company a “buy” rating in a research report on Wednesday, September 7th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 1,588.59 ($20.74).
Prudential plc (LON:PRU) opened at 1400.00 on Tuesday. The firm’s 50 day moving average is GBX 1,381.04 and its 200 day moving average is GBX 1,331.84. The company’s market cap is GBX 35.95 billion. Prudential plc has a 52-week low of GBX 1,045.99 and a 52-week high of GBX 1,578.50.
The business also recently disclosed a dividend, which will be paid on Thursday, September 29th. Investors of record on Thursday, August 25th will be given a dividend of GBX 12.93 ($0.17) per share. The ex-dividend date of this dividend is Thursday, August 25th. This represents a yield of 0.91%.
In related news, insider Turner,Lord J. Adair acquired 1,500 shares of the stock in a transaction that occurred on Monday, June 27th. The shares were bought at an average price of GBX 1,178 ($15.38) per share, for a total transaction of £17,670 ($23,064.87).
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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