Prudential plc Stock Rating Reaffirmed by Credit Suisse (PRU)
Prudential plc (LON:PRU)‘s stock had its “outperform” rating restated by equities researchers at Credit Suisse in a research report issued on Wednesday. They currently have a GBX 1,600 ($26.84) price objective on the stock. Credit Suisse’s price objective would indicate a potential upside of 16.92% from the stock’s previous close.
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’s 50-day moving average is GBX 1362. and its 200-day moving average is 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. Stockholders 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.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Prudential plc in a research note on Wednesday. They now have a GBX 1,585 ($26.59) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Prudential plc in a research note on Monday. Finally, 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. 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 company’s stock. The stock has an average rating of “Buy” and a consensus price target 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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