Shares of Prudential plc (LON:PRU) have been given a consensus rating of “Buy” by the twenty analysts that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 2,027.68 ($27.50).

A number of research firms recently issued reports on PRU. JPMorgan Chase & Co. set a GBX 1,800 ($24.41) target price on shares of Prudential and gave the company a “neutral” rating in a report on Thursday. Citigroup set a GBX 2,186 ($29.64) target price on shares of Prudential and gave the company a “buy” rating in a report on Friday. Jefferies Group restated a “hold” rating and issued a GBX 2,000 ($27.12) target price on shares of Prudential in a report on Friday, November 17th. Bank of America set a GBX 2,300 ($31.19) target price on shares of Prudential and gave the company a “buy” rating in a report on Wednesday, December 13th. Finally, Societe Generale restated a “hold” rating and issued a GBX 1,790 ($24.27) target price on shares of Prudential in a report on Friday, November 17th.

Prudential (LON PRU) traded up GBX 1.50 ($0.02) during trading on Friday, reaching GBX 1,973 ($26.76). 1,680,000 shares of the company were exchanged, compared to its average volume of 3,820,000. Prudential has a 52-week low of GBX 1,524 ($20.67) and a 52-week high of GBX 1,984 ($26.91). The stock has a market capitalization of $51,050.00 and a P/E ratio of 1,843.93.

In other news, insider Anne Richards bought 21,408 shares of Prudential stock in a transaction dated Monday, December 4th. The shares were acquired at an average cost of GBX 1,833 ($24.86) per share, with a total value of £392,408.64 ($532,151.67). Also, insider David J. A. Law bought 2,162 shares of Prudential stock in a transaction dated Friday, December 1st. The shares were purchased at an average cost of GBX 1,837 ($24.91) per share, for a total transaction of £39,715.94 ($53,859.43). Over the last three months, insiders have bought 23,600 shares of company stock worth $43,268,288.

COPYRIGHT VIOLATION NOTICE: “Prudential plc (PRU) Given Average Rating of “Buy” by Brokerages” was first published by American Banking News and is the property of of American Banking News. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2018/01/12/prudential-plc-pru-given-average-rating-of-buy-by-brokerages.html.

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)

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