Prudential (LON:PRU) received a GBX 2,100 ($29.01) price objective from Cfra in a research note issued on Wednesday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Cfra’s price objective suggests a potential upside of 9.49% from the stock’s previous close.
A number of other research analysts have also weighed in on the stock. Bank of America set a GBX 2,300 ($31.78) price target on shares of Prudential and gave the company a “buy” rating in a research note on Wednesday, December 13th. Goldman Sachs Group set a GBX 2,290 ($31.64) price objective on shares of Prudential and gave the stock a “buy” rating in a research report on Wednesday, February 14th. Citigroup reissued a “buy” rating and issued a GBX 2,109 ($29.14) price objective on shares of Prudential in a research report on Friday, November 17th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Prudential in a research report on Thursday, November 16th. Finally, Barclays reissued an “overweight” rating and issued a GBX 2,161 ($29.86) price objective on shares of Prudential in a research report on Monday, December 18th. Five research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Prudential currently has a consensus rating of “Buy” and a consensus price target of GBX 2,067.60 ($28.57).
Shares of Prudential (LON:PRU) traded up GBX 92.50 ($1.28) on Wednesday, reaching GBX 1,918 ($26.50). 11,227,954 shares of the company’s stock were exchanged, compared to its average volume of 4,320,000. Prudential has a 1 year low of GBX 1,612.14 ($22.27) and a 1 year high of GBX 1,992.50 ($27.53). The company has a market capitalization of $49,810.00 and a price-to-earnings ratio of 1,792.52.
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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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