Prudential plc Given Buy Rating at Jefferies Group (PRU)
Prudential plc (LON:PRU)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Group in a research note issued to investors on Friday. They currently have a GBX 1,577 ($26.46) price objective on the stock. Jefferies Group’s target price would suggest a potential upside of 12.32% from the stock’s previous close.
Shares of Prudential plc (LON:PRU) opened at 1428.50 on Friday. 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 1366. and its 200-day moving average is GBX 1347.68. The company’s market cap is £36.347 billion.
The company also recently declared a dividend, which is scheduled for Thursday, September 25th. Stockholders of record on Wednesday, August 20th will be given a dividend of GBX 11.19 ($0.19) per share. This represents a yield of 0.82%. The ex-dividend date of this dividend is Wednesday, August 20th.
A number of other firms have also recently commented on PRU. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Prudential plc in a research note on Thursday. They now have a GBX 1,663.69 ($27.91) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “buy” 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 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. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and twenty have assigned a buy rating to the company’s stock. Prudential plc currently has an average rating of “Buy” and a consensus price target of GBX 1,507.35 ($25.29).
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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