Prudential plc Receives Buy Rating from Berenberg Bank (PRU)
Prudential plc (LON:PRU)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday. They currently have a GBX 1,600 ($26.84) price target on the stock. Berenberg Bank’s target price would indicate a potential upside of 16.92% from the company’s current price.
A number of other analysts have also recently weighed in on PRU. Analysts at STANDARD CHARTERED.5 reiterated an “outperform” rating on shares of Prudential plc in a research note on Wednesday. They now have a GBX 1,642 ($27.55) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Prudential plc in a research note on Wednesday. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Prudential plc in a research note on Wednesday. They now have a GBX 1,600 ($26.84) price target on the stock. Two analysts have rated the stock with a sell rating, two have issued a hold rating and twenty have given a buy rating to the stock. Prudential plc presently has a consensus rating of “Buy” and an average price target of GBX 1,497.80 ($25.13).
Prudential plc (LON:PRU) opened at 1395.00 on Wednesday. Prudential plc has a 52-week low of GBX 1078.00 and a 52-week high of GBX 1440.00. The stock’s 50-day moving average is GBX 1362. and its 200-day moving average is GBX 1346.. The company’s market cap is £35.618 billion.
The company also recently announced a dividend, which is scheduled for Thursday, September 25th. Shareholders 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.
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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