STANDARD CHARTERED.5 Reiterates Outperform Rating for Prudential plc (PRU)
Prudential plc (LON:PRU)‘s stock had its “outperform” rating restated by equities researchers at STANDARD CHARTERED.5 in a research report issued on Wednesday. They currently have a GBX 1,642 ($27.55) target price on the stock. STANDARD CHARTERED.5’s target price would indicate a potential upside of 19.99% from the stock’s previous close.
Prudential plc (LON:PRU) opened at 1390.50 on Wednesday. Prudential plc has a one year low of GBX 1078.00 and a one year 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 £35.503 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.
A number of other firms have also recently commented on PRU. Analysts at Barclays reiterated an “overweight” rating on shares of Prudential plc in a research note on Wednesday. Separately, 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. Finally, 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. Two equities 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 stock presently has an average 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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