Prudential plc Rating Reiterated by Deutsche Bank (PRU)
Prudential plc (LON:PRU)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Wednesday. They currently have a GBX 1,585 ($26.59) price objective on the stock. Deutsche Bank’s price target would suggest a potential upside of 15.82% from the company’s current price.
Shares of Prudential plc (LON:PRU) opened at 1393.975 on Wednesday. Prudential plc has a 52-week low of GBX 1078.00 and a 52-week high of GBX 1440.00. The stock has a 50-day moving average of GBX 1362. and a 200-day moving average of GBX 1346.. The company’s market cap is £35.592 billion.
The company also recently announced a dividend, which is scheduled for Thursday, September 25th. Investors of record on Wednesday, August 20th will be paid a dividend of GBX 11.19 ($0.19) per share. This represents a dividend yield of 0.82%. The ex-dividend date is Wednesday, August 20th.
A number of other analysts have also recently weighed in on PRU. Analysts at Nomura reiterated a “buy” rating on shares of Prudential plc in a research note on Monday. Separately, analysts at Jefferies Group initiated coverage on shares of Prudential plc in a research note on Wednesday, August 6th. They set a “buy” rating and a GBX 1,577 ($26.46) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Prudential plc in a research note on Monday, July 28th. They now have a GBX 1,638 ($27.48) price target on the stock. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and twenty have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 1,497.80 ($25.13).
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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