Prudential plc (LON:PRU)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Barclays PLC in a research report issued to clients and investors on Friday. They presently have a GBX 1,949 ($25.45) price target on the financial services provider’s stock. Barclays PLC’s price objective would indicate a potential upside of 8.28% from the company’s current price.

A number of other analysts have also issued reports on the stock. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 2,045 ($26.70) price objective on shares of Prudential plc in a research note on Friday, May 19th. Goldman Sachs Group, Inc. (The) lifted their price objective on shares of Prudential plc from GBX 1,775 ($23.18) to GBX 2,000 ($26.12) and gave the company a “buy” rating in a research note on Monday, May 8th. Morgan Stanley reiterated an “overweight” rating and set a GBX 2,095 ($27.36) price objective on shares of Prudential plc in a research note on Thursday, April 27th. HSBC Holdings plc lifted their price objective on shares of Prudential plc from GBX 1,890 ($24.68) to GBX 1,980 ($25.86) and gave the company a “buy” rating in a research note on Tuesday, April 11th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a GBX 2,000 ($26.12) price objective on shares of Prudential plc in a research note on Tuesday, May 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company. Prudential plc has a consensus rating of “Buy” and a consensus price target of GBX 1,877.89 ($24.52).

Shares of Prudential plc (LON PRU) traded up 0.70% during midday trading on Friday, reaching GBX 1800.00. 4,307,535 shares of the company traded hands. The company’s 50 day moving average is GBX 1,779.85 and its 200-day moving average is GBX 1,692.18. Prudential plc has a 12 month low of GBX 1,290.00 and a 12 month high of GBX 1,831.50. The stock’s market capitalization is GBX 46.27 billion.

TRADEMARK VIOLATION NOTICE: This piece was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another site, it was illegally stolen and reposted in violation of U.S. and international copyright law. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/07/22/prudential-plc-lonpru-stock-rating-reaffirmed-by-barclays-plc-2.html.

In other Prudential plc news, insider Lord J. Adair Turner acquired 1,000 shares of the firm’s stock in a transaction on Wednesday, June 28th. The stock was purchased at an average price of GBX 1,802 ($23.53) per share, with a total value of £18,020 ($23,530.95). Insiders have bought 1,030 shares of company stock valued at $1,854,950 in the last three months.

Prudential plc Company Profile

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.

Analyst Recommendations for Prudential plc (LON:PRU)

Receive News & Ratings for Prudential plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential plc and related companies with MarketBeat.com's FREE daily email newsletter.