Prudential (LON:PRU - Get Free Report)'s stock had its "overweight" rating restated by analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday, MarketBeat Ratings reports. They currently have a GBX 1,150 ($15.44) target price on the financial services provider's stock. JPMorgan Chase & Co.'s price objective points to a potential upside of 24.97% from the company's previous close.
Separately, Bank of America reiterated a "buy" rating and issued a GBX 1,000 ($13.43) target price on shares of Prudential in a report on Thursday, March 20th.
View Our Latest Stock Analysis on PRU
Prudential Trading Up 0.1%
Shares of LON PRU traded up GBX 0.80 ($0.01) during trading hours on Wednesday, hitting GBX 920.20 ($12.36). 855,955,063 shares of the company traded hands, compared to its average volume of 13,415,639. The stock has a market capitalization of £30.28 billion, a price-to-earnings ratio of 45.97, a price-to-earnings-growth ratio of 0.40 and a beta of 1.20. The company has a current ratio of 1.86, a quick ratio of 0.67 and a debt-to-equity ratio of 24.44. The company's 50 day moving average price is GBX 885.02 and its 200 day moving average price is GBX 782.23. Prudential has a 12 month low of GBX 594.80 ($7.99) and a 12 month high of GBX 942.40 ($12.65).
Insider Buying and Selling at Prudential
In other news, insider George David Sartorel bought 1,000 shares of the stock in a transaction on Thursday, June 19th. The stock was acquired at an average cost of GBX 879 ($11.80) per share, for a total transaction of £8,790 ($11,803.41). Corporate insiders own 0.29% of the company's stock.
Prudential Company Profile
(
Get Free Report)
Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential's mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU).
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