Prudential’s (PRU) “Overweight” Rating Reiterated at Barclays
Barclays restated their overweight rating on shares of Prudential (LON:PRU) in a research report report published on Thursday morning, Marketbeat Ratings reports. The firm currently has a GBX 2,169 ($29.05) target price on the financial services provider’s stock, up from their previous target price of GBX 2,015 ($26.99).
PRU has been the topic of several other research reports. Societe Generale reiterated a hold rating and issued a GBX 1,790 ($23.97) target price on shares of Prudential in a research note on Friday, November 17th. Goldman Sachs Group set a GBX 2,040 ($27.32) target price on shares of Prudential and gave the stock a buy rating in a research note on Wednesday, November 15th. Morgan Stanley upped their target price on shares of Prudential from GBX 2,092 ($28.02) to GBX 2,166 ($29.01) and gave the stock an overweight rating in a research note on Thursday, October 19th. Credit Suisse Group set a GBX 2,075 ($27.79) target price on shares of Prudential and gave the stock a buy rating in a research note on Friday, August 18th. Finally, Deutsche Bank reiterated a buy rating and issued a GBX 2,000 ($26.78) target price on shares of Prudential in a research note on Thursday, August 17th. Five equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of GBX 2,003.72 ($26.83).
Prudential (PRU) opened at GBX 1,832.54 ($24.54) on Thursday. Prudential has a 52 week low of GBX 1,524 ($20.41) and a 52 week high of GBX 1,933.50 ($25.89).
In other Prudential news, insider Anthony Nightingale bought 20,000 shares of Prudential stock in a transaction on Friday, September 29th. The stock was acquired at an average cost of GBX 1,788 ($23.95) per share, with a total value of £357,600 ($478,907.19). Over the last ninety days, insiders have acquired 20,031 shares of company stock valued at $35,815,785.
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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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