UBS AG Analysts Give Prudential plc (LON:PRU) a GBX 2,000 Price Target
Prudential plc (LON:PRU) has been assigned a GBX 2,000 ($25.91) target price by analysts at UBS AG in a research note issued on Thursday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the financial services provider’s stock. UBS AG’s price target would indicate a potential upside of 12.68% from the stock’s current price.
Several other analysts also recently commented on the company. Morgan Stanley set a GBX 2,084 ($26.99) target price on Prudential plc and gave the company a “buy” rating in a research note on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a GBX 2,000 ($25.91) target price on shares of Prudential plc in a research note on Tuesday, July 4th. Barclays PLC restated an “overweight” rating and issued a GBX 1,931 ($25.01) price target on shares of Prudential plc in a research note on Wednesday, June 28th. HSBC Holdings plc restated a “buy” rating and issued a GBX 1,980 ($25.65) price target on shares of Prudential plc in a research note on Tuesday, June 13th. Finally, Deutsche Bank AG restated a “buy” rating and issued a GBX 2,000 ($25.91) price target on shares of Prudential plc in a research note on Monday, May 22nd. One analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the stock. Prudential plc currently has a consensus rating of “Buy” and a consensus target price of GBX 1,875.78 ($24.30).
Shares of Prudential plc (LON:PRU) traded up 0.79% during mid-day trading on Thursday, reaching GBX 1789.00. The company had a trading volume of 3,195,471 shares. The company’s market capitalization is GBX 45.98 billion. The company has a 50 day moving average price of GBX 1,767.94 and a 200 day moving average price of GBX 1,673.03. Prudential plc has a one year low of GBX 1,109.59 and a one year high of GBX 1,831.50.
In other news, insider Lord J. Adair Turner bought 1,000 shares of Prudential plc stock in a transaction dated Wednesday, June 28th. The shares were purchased at an average cost of GBX 1,802 ($23.34) per share, with a total value of £18,020 ($23,341.97). Insiders bought 1,030 shares of company stock worth $1,854,950 over the last ninety days.
About Prudential plc
Prudential Public Limited Company (Prudential) is a United Kingdom-based international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations.
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