Prudential plc Given New GBX 1,550 Price Target at Citigroup Inc. (PRU)
Analysts at Citigroup Inc. hoisted their target price on shares of Prudential plc (LON:PRU) from GBX 1,390 ($22.91) to GBX 1,550 ($25.54) in a research report issued to clients and investors on Monday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s target price would indicate a potential upside of 15.24% from the stock’s previous close.
Prudential plc (LON:PRU) opened at 1364.00 on Monday. 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.
A number of other firms have also recently commented on PRU. 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. Separately, analysts at Goldman Sachs Group Inc. reiterated a “conviction-buy” rating on shares of Prudential plc in a research note to investors on Tuesday, December 17th. Finally, analysts at Deutsche Bank raised their price target on shares of Prudential plc from GBX 1,350 ($22.25) to GBX 1,490 ($24.56) in a research note to investors on Monday, December 16th. They now have a “buy” rating on the stock. Three 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 company’s stock. The company presently has an average rating of “Buy” and a consensus target price 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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