Prudential plc’s “Buy” Rating Reaffirmed at Nomura (PRU)
Prudential plc (LON:PRU)‘s stock had its “buy” rating reiterated by analysts at Nomura in a research report issued to clients and investors on Thursday. They currently have a GBX 1,580 ($26.91) price target on the stock. Nomura’s price objective indicates a potential upside of 15.20% from the stock’s previous close.
A number of other firms have also recently commented on PRU. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Prudential plc in a research note on Monday. They now have a GBX 1,600 ($27.25) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Prudential plc in a research note on Wednesday, June 25th. They now have a GBX 1,500 ($25.55) price target on the stock. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of Prudential plc in a research note on Wednesday, June 18th. They now have a GBX 1,178 ($20.06) price target on the stock. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and eighteen have assigned a buy rating to the company’s stock. Prudential plc presently has an average rating of “Buy” and a consensus price target of GBX 1,488.39 ($25.35).
Shares of Prudential plc (LON:PRU) opened at 1378.50 on Thursday. Prudential plc has a 52 week low of GBX 1068.00 and a 52 week high of GBX 1440.00. The stock has a 50-day moving average of GBX 1371. and a 200-day moving average of GBX 1339.43. The company’s market cap is £35.197 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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