Prudential (LON:PRU) received a GBX 2,300 ($30.96) price target from analysts at Bank of America in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the financial services provider’s stock. Bank of America’s target price would suggest a potential upside of 25.75% from the company’s previous close.

A number of other research firms have also recently weighed in on PRU. Shore Capital reaffirmed a “buy” rating on shares of Prudential in a report on Thursday, November 16th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 2,075 ($27.93) price target on shares of Prudential in a report on Tuesday, November 7th. Jefferies Group lifted their price target on Prudential from GBX 1,771 ($23.84) to GBX 2,000 ($26.92) and gave the company a “hold” rating in a report on Tuesday, November 7th. Barclays set a GBX 2,015 ($27.12) price target on Prudential and gave the company a “buy” rating in a report on Friday, September 8th. Finally, Citigroup reaffirmed a “buy” rating and set a GBX 2,109 ($28.38) price target on shares of Prudential in a report on Thursday, November 2nd. Five equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Prudential presently has a consensus rating of “Buy” and a consensus price target of GBX 2,021 ($27.20).

Shares of Prudential (PRU) opened at GBX 1,829 ($24.62) on Wednesday. Prudential has a twelve month low of GBX 1,524 ($20.51) and a twelve month high of GBX 1,933.50 ($26.02).

In related news, insider Anthony Nightingale purchased 20,000 shares of the company’s stock in a transaction on Friday, September 29th. The shares were bought at an average price of GBX 1,788 ($24.06) per share, with a total value of £357,600 ($481,292.06). Also, insider Anne Richards purchased 21,408 shares of the company’s stock in a transaction on Monday, December 4th. The stock was bought at an average cost of GBX 1,833 ($24.67) per share, for a total transaction of £392,408.64 ($528,140.83). Insiders acquired 43,600 shares of company stock worth $79,027,308 in the last ninety days.

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Prudential Company Profile

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.

Analyst Recommendations for Prudential (LON:PRU)

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