Deutsche Bank Raises Prudential (PRU) Price Target to GBX 2,250
Prudential (LON:PRU) had its target price upped by investment analysts at Deutsche Bank from GBX 2,050 ($28.32) to GBX 2,250 ($31.09) in a research report issued on Friday. The firm currently has a “buy” rating on the financial services provider’s stock. Deutsche Bank’s target price points to a potential upside of 22.98% from the company’s previous close.
PRU has been the topic of a number of other research reports. Barclays reissued an “overweight” rating on shares of Prudential in a research note on Wednesday, January 24th. Goldman Sachs set a GBX 2,290 ($31.64) price target on shares of Prudential and gave the company a “buy” rating in a research note on Wednesday, February 14th. UBS set a GBX 2,400 ($33.16) price target on shares of Prudential and gave the company a “buy” rating in a research note on Thursday, March 15th. HSBC reissued a “buy” rating on shares of Prudential in a research note on Wednesday. Finally, Bank of America set a GBX 2,300 ($31.78) price target on shares of Prudential and gave the company a “buy” rating in a research note on Wednesday, December 13th. Five research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 2,122.16 ($29.32).
Prudential (LON:PRU) opened at GBX 1,829.50 ($25.28) on Friday. The firm has a market cap of $49,510.00 and a P/E ratio of 1,967.20. Prudential has a 1-year low of GBX 1,612.14 ($22.27) and a 1-year high of GBX 1,992.50 ($27.53).
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Prudential 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.
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