Prudential plc (LON:PRU)‘s stock had its “outperform” rating reaffirmed by analysts at Macquarie in a report issued on Wednesday. They presently have a GBX 1,683 ($21.03) price target on the stock. Macquarie’s price target points to a potential upside of 7.92% from the stock’s previous close.
Other analysts have also issued reports about the stock. Panmure Gordon reduced their price target on shares of Prudential plc from GBX 1,891 ($23.63) to GBX 1,545 ($19.30) and set a “buy” rating for the company in a research report on Wednesday, August 3rd. Barclays PLC reissued an “overweight” rating and issued a GBX 1,648 ($20.59) price target on shares of Prudential plc in a research report on Thursday, September 8th. Royal Bank Of Canada reissued a “sector performer” rating on shares of Prudential plc in a research report on Wednesday, August 10th. Deutsche Bank AG reissued a “hold” rating and issued a GBX 1,385 ($17.30) price target on shares of Prudential plc in a research report on Thursday, August 11th. Finally, BNP Paribas reissued an “outperform” rating and issued a GBX 1,700 ($21.24) price target on shares of Prudential plc in a research report on Thursday, September 1st. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and seventeen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,605.09 ($20.05).
Prudential plc (LON:PRU) opened at 1552.00 on Wednesday. The stock’s market capitalization is GBX 39.85 billion. The stock has a 50 day moving average of GBX 1,427.08 and a 200 day moving average of GBX 1,355.70. Prudential plc has a 52 week low of GBX 1,085.00 and a 52 week high of GBX 1,576.00.
In related news, insider Tony Paul Wilkey sold 47,182 shares of Prudential plc stock in a transaction dated Friday, September 23rd. The stock was sold at an average price of GBX 1,401 ($17.50), for a total value of £661,019.82 ($825,861.84). Also, insider Lord J. Adair Turner purchased 2,000 shares of the business’s stock in a transaction that occurred on Thursday, September 29th. The stock was acquired at an average cost of GBX 1,398 ($17.47) per share, with a total value of £27,960 ($34,932.53).