Prudential plc Stock Rating Reaffirmed by Macquarie (PRU)
Prudential plc (LON:PRU)‘s stock had its “outperform” rating reiterated by investment analysts at Macquarie in a note issued to investors on Thursday, Analyst Ratings.Net reports. They currently have a GBX 1,548 ($24.84) target price on the stock. Macquarie’s price target suggests a potential upside of 31.52% from the stock’s previous close.
A number of other firms have also recently commented on PRU. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Prudential plc in a research note to investors on Tuesday. They now have a GBX 1,355 ($21.74) price target on the stock. Separately, analysts at AlphaValue upgraded shares of Prudential plc to a “reduce” rating in a research note to investors on Monday, September 30th. They now have a GBX 1,154 ($18.51) price target on the stock. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Prudential plc in a research note to investors on Monday, September 30th. They now have a GBX 1,390 ($22.30) price target on the stock. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and fifteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 1,169.34 ($18.76).
Prudential plc (LON:PRU) traded up 3.43% during mid-day trading on Thursday, hitting GBX 1177.00. 3,323,699 shares of the company’s stock traded hands. Prudential plc has a one year low of GBX 822.5001 and a one year high of GBX 1270.00. The stock’s 50-day moving average is GBX 1159. and its 200-day moving average is GBX 1116.. The company’s market cap is £30.073 billion.
Prudential plc (LON:PRU), is an international financial services group, with operations in Asia, the United States and the United Kingdom.
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