Prudential plc Given “Outperform” Rating at Credit Suisse (PRU)
Prudential plc (LON:PRU)‘s stock had its “outperform” rating reaffirmed by equities researchers at Credit Suisse in a research report issued on Monday, Analyst Ratings News reports. They currently have a GBX 1,500 ($24.72) target price on the stock. Credit Suisse’s price objective would indicate a potential upside of 21.07% from the company’s current price.
A number of other analysts have also recently weighed in on PRU. Analysts at Mediobanca SpA downgraded shares of Prudential plc to a “neutral” rating in a research note to investors on Wednesday, January 22nd. They now have a GBX 1,250.40 ($20.60) price target on the stock. Separately, analysts at HSBC raised their price target on shares of Prudential plc from GBX 1,570 ($25.87) to GBX 1,625 ($26.78) in a research note to investors on Tuesday, January 21st. They now have an “overweight” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. raised their price target on shares of Prudential plc from GBX 1,500 ($24.72) to GBX 1,580 ($26.03) in a research note to investors on Friday, January 17th. They now have a “strong-buy” rating on the stock. Three research analysts have rated the stock with a sell rating, three have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 1,343.48 ($22.14).
Prudential plc (LON:PRU) traded down 1.82% on Monday, hitting GBX 1239.00. The stock had a trading volume of 5,341,753 shares. Prudential plc has a 52 week low of GBX 914.9999 and a 52 week high of GBX 1389.00. The stock’s 50-day moving average is GBX 1321.31 and its 200-day moving average is GBX 1229.. The company’s market cap is £31.657 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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