Prudential plc Given Outperform Rating at Sanford C. Bernstein (PRU)
Prudential plc (LON:PRU)‘s stock had its “outperform” rating reaffirmed by research analysts at Sanford C. Bernstein in a report released on Thursday. They currently have a GBX 1,685.45 ($27.97) price objective on the stock. Sanford C. Bernstein’s price target points to a potential upside of 15.96% from the stock’s previous close.
Several other analysts have also recently commented on the stock. 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 ($26.55) price target on the stock. Separately, analysts at BNP Paribas reiterated an “underperform” rating on shares of Prudential plc in a research note on Friday, August 22nd. They now have a GBX 1,173 ($19.47) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Prudential plc in a research note on Friday, August 15th. They now have a GBX 1,577 ($26.17) price target on the stock. Two research analysts have rated the stock with a sell rating, two have given a hold rating and twenty have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 1,508.23 ($25.03).
Prudential plc (LON:PRU) opened at 1454.563 on Thursday. Prudential plc has a 1-year low of GBX 1085.00 and a 1-year high of GBX 1466.00. The stock has a 50-day moving average of GBX 1396.68 and a 200-day moving average of GBX 1365.43. The company’s market cap is £37.189 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.
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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