Prudential (PRU) PT Lowered to GBX 2,161
Prudential (LON:PRU) had its price target decreased by stock analysts at Barclays from GBX 2,169 ($29.19) to GBX 2,161 ($29.08) in a research report issued on Monday. The firm currently has an “overweight” rating on the financial services provider’s stock. Barclays’ price target indicates a potential upside of 18.22% from the company’s current price.
A number of other brokerages have also commented on PRU. UBS set a GBX 2,200 ($29.61) price target on Prudential and gave the company a “buy” rating in a research note on Friday, November 17th. Societe Generale reissued a “hold” rating and set a GBX 1,790 ($24.09) price target on shares of Prudential in a research note on Friday, November 17th. Citigroup reissued a “buy” rating and set a GBX 2,109 ($28.38) price target on shares of Prudential in a research note on Friday, November 17th. Goldman Sachs Group set a GBX 2,040 ($27.46) price target on Prudential and gave the company a “buy” rating in a research note on Tuesday, November 21st. Finally, Jefferies Group reissued a “hold” rating and set a GBX 2,000 ($26.92) price target on shares of Prudential in a research note on Friday, November 17th. Five investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 2,005.50 ($26.99).
Shares of Prudential (PRU) opened at GBX 1,828 ($24.60) on Monday. Prudential has a 12 month low of GBX 1,524 ($20.51) and a 12 month high of GBX 1,933.50 ($26.02).
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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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