Prudential plc (PRU) PT Set at GBX 2,200 by UBS AG
Prudential plc (LON:PRU) has been assigned a GBX 2,200 ($28.94) target price by equities researchers at UBS AG in a research note issued to investors on Friday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the financial services provider’s stock. UBS AG’s target price points to a potential upside of 16.06% from the company’s current price.
Several other analysts have also issued reports on the company. Shore Capital reiterated a “buy” rating on shares of Prudential plc in a report on Thursday. Deutsche Bank AG restated a “buy” rating and set a GBX 2,000 ($26.31) target price on shares of Prudential plc in a report on Wednesday, July 26th. Royal Bank Of Canada set a GBX 1,620 ($21.31) target price on Prudential plc and gave the company a “neutral” rating in a report on Friday, July 21st. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 2,075 ($27.29) price target on shares of Prudential plc in a research report on Tuesday, November 7th. Finally, Jefferies Group LLC raised their price target on Prudential plc from GBX 1,771 ($23.29) to GBX 2,000 ($26.31) and gave the company a “hold” rating in a research report on Tuesday, November 7th. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Prudential plc has an average rating of “Buy” and a consensus price target of GBX 1,995.17 ($26.24).
Shares of Prudential plc (LON PRU) opened at GBX 1,895.50 ($24.93) on Friday. Prudential plc has a one year low of GBX 1,496 ($19.68) and a one year high of GBX 1,895 ($24.92).
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In other news, insider Anthony Nightingale bought 20,000 shares of the company’s stock in a transaction dated Friday, September 29th. The shares were bought at an average cost of GBX 1,788 ($23.52) per share, with a total value of £357,600 ($470,340.66). Over the last ninety days, insiders bought 20,031 shares of company stock worth $35,815,785.
About Prudential plc
Prudential Public Limited Company is an 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. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.
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