Prudential plc (PRU) Given Buy Rating at Deutsche Bank AG
Deutsche Bank AG reissued their buy rating on shares of Prudential plc (LON:PRU) in a research report report published on Wednesday, Marketbeat.com reports. They currently have a GBX 2,000 ($26.06) price target on the financial services provider’s stock.
Other analysts have also recently issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a GBX 2,000 ($26.06) price objective on shares of Prudential plc and gave the company a buy rating in a research note on Tuesday, June 6th. HSBC Holdings plc restated a buy rating and set a GBX 1,980 ($25.79) target price on shares of Prudential plc in a research report on Tuesday, June 13th. Credit Suisse Group started coverage on shares of Prudential plc in a research report on Thursday, April 27th. They set an outperform rating and a GBX 2,045 ($26.64) target price for the company. Berenberg Bank restated a buy rating and set a GBX 2,200 ($28.66) target price on shares of Prudential plc in a research report on Tuesday, April 25th. Finally, Jefferies Group LLC lifted their target price on shares of Prudential plc from GBX 1,469 ($19.14) to GBX 1,771 ($23.07) and gave the stock a hold rating in a research report on Monday, April 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of GBX 1,877.89 ($24.46).
Prudential plc (LON PRU) opened at 1809.50 on Wednesday. Prudential plc has a 52-week low of GBX 1,290.00 and a 52-week high of GBX 1,844.00. The firm’s market capitalization is GBX 46.51 billion. The company’s 50-day moving average is GBX 1,788.69 and its 200-day moving average is GBX 1,699.39.
In other Prudential plc news, insider Lord J. Adair Turner bought 1,000 shares of the company’s stock in a transaction on Wednesday, June 28th. The shares were bought at an average cost of GBX 1,802 ($23.48) per share, with a total value of £18,020 ($23,475.77). Insiders have acquired 1,030 shares of company stock worth $1,854,950 over the last three months.
Prudential plc Company Profile
Prudential Public Limited Company (Prudential) is a United Kingdom-based 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.
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