Prudential (LON:PRU) had its price target upped by investment analysts at JPMorgan Chase & Co. from GBX 1,800 ($24.87) to GBX 1,899 ($26.24) in a report issued on Wednesday. The firm currently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.’s price target indicates a potential downside of 2.10% from the company’s previous close.
Several other equities research analysts have also commented on PRU. Goldman Sachs Group set a GBX 2,040 ($28.18) target price on Prudential and gave the company a “buy” rating in a research report on Wednesday, November 15th. Shore Capital restated a “buy” rating on shares of Prudential in a research report on Thursday, November 16th. Jefferies Group restated a “hold” rating and set a GBX 2,000 ($27.63) target price on shares of Prudential in a research report on Friday, November 17th. Societe Generale restated a “hold” rating and set a GBX 1,790 ($24.73) target price on shares of Prudential in a research report on Friday, November 17th. Finally, Citigroup restated a “buy” rating and set a GBX 2,109 ($29.14) target price on shares of Prudential in a research report on Friday, November 17th. Five equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of GBX 2,067.60 ($28.57).
Shares of Prudential (PRU) opened at GBX 1,939.75 ($26.80) on Wednesday. Prudential has a 52-week low of GBX 1,612.14 ($22.27) and a 52-week high of GBX 1,992.50 ($27.53). The company has a market capitalization of $50,440.00 and a PE ratio of 2,085.75.
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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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