Prudential plc PT Raised to GBX 1,580 (PRU)
Goldman Sachs Group Inc. lifted their target price on shares of Prudential plc (LON:PRU) from GBX 1,500 ($24.72) to GBX 1,580 ($26.04) in a research note issued on Friday, Analyst Ratings News reports. The firm currently has a “strong-buy” rating on the stock. Goldman Sachs Group Inc.’s target price suggests a potential upside of 17.47% from the stock’s current price.
Shares of Prudential plc (LON:PRU) traded up 1.41% on Friday, hitting GBX 1364.00. 4,448,795 shares of the company’s stock traded hands. Prudential plc has a one year low of GBX 914.9999 and a one year high of GBX 1389.00. The stock’s 50-day moving average is GBX 1315. and its 200-day moving average is GBX 1219.. The company’s market cap is £34.851 billion.
PRU has been the subject of a number of other recent research reports. Analysts at Credit Suisse raised their price target on shares of Prudential plc from GBX 1,450 ($23.90) to GBX 1,500 ($24.72) in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Prudential plc from GBX 1,390 ($22.91) to GBX 1,550 ($25.54) in a research note to investors on Monday. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Prudential plc in a research note to investors on Tuesday, January 7th. They now have a GBX 920 ($15.16) price target on the stock. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of GBX 1,344.34 ($22.15).
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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