Prudential plc (LON:PRU) had its target price increased by research analysts at BNP Paribas from GBX 1,700 ($21.09) to GBX 1,800 ($22.33) in a report released on Tuesday. The firm presently has an “outperform” rating on the stock. BNP Paribas’ price objective indicates a potential upside of 17.57% from the stock’s previous close.
Several other research firms have also weighed in on PRU. Goldman Sachs Group Inc. set a GBX 1,775 ($22.02) price objective on Prudential plc and gave the company a “buy” rating in a research note on Wednesday, November 23rd. Macquarie reissued an “outperform” rating and set a GBX 1,683 ($20.88) price target on shares of Prudential plc in a research note on Wednesday, November 23rd. S&P Global Inc. set a GBX 1,680 ($20.84) price target on Prudential plc and gave the company a “buy” rating in a research note on Wednesday, November 16th. Barclays PLC reissued an “overweight” rating and set a GBX 1,648 ($20.44) price target on shares of Prudential plc in a research note on Thursday, November 17th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 1,252 ($15.53) price target on shares of Prudential plc in a research note on Thursday, November 17th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seventeen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 1,609.64 ($19.97).
Shares of Prudential plc (LON:PRU) opened at 1551.00 on Tuesday. Prudential plc has a 1-year low of GBX 1,085.00 and a 1-year high of GBX 1,576.00. The company’s market capitalization is GBX 39.83 billion. The company’s 50-day moving average price is GBX 1,433.29 and its 200-day moving average price is GBX 1,359.45.
In related news, insider Tony Paul Wilkey sold 47,182 shares of the company’s stock in a transaction on Friday, September 23rd. The stock was sold at an average price of GBX 1,401 ($17.38), for a total transaction of £661,019.82 ($820,022.11). Also, insider David J. A. Law purchased 3,577 shares of the firm’s stock in a transaction that occurred on Monday, October 3rd. The shares were bought at an average price of GBX 1,388 ($17.22) per share, with a total value of £49,648.76 ($61,591.32).