Prudential plc Receives “Underperform” Rating from BNP Paribas (PRU)
Prudential plc (LON:PRU)‘s stock had its “underperform” rating reiterated by analysts at BNP Paribas in a research report issued to clients and investors on Wednesday, Stock Ratings News reports. They currently have a GBX 1,016 ($16.70) price objective on the stock. BNP Paribas’ price objective suggests a potential downside of 18.20% from the company’s current price.
Prudential plc (LON:PRU) opened at 1243.00 on Wednesday. Prudential plc has a one year low of GBX 914.9999 and a one year high of GBX 1389.00. The stock has a 50-day moving average of GBX 1316. and a 200-day moving average of GBX 1231.. The company’s market cap is £31.760 billion.
Other equities research analysts have also recently issued reports about the stock. 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 1,500 ($24.65) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Prudential plc in a research note to investors on Tuesday. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Prudential plc in a research note to investors on Monday. They now have a GBX 1,530 ($25.14) price target on the stock. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Prudential plc has an average rating of “Buy” and a consensus target price of GBX 1,357.17 ($22.30).
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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