Prudential (LON:PRU - Get Free Report)'s stock had its "overweight" rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a report issued on Wednesday, MarketBeat Ratings reports. They currently have a GBX 1,150 ($15.44) price target on the financial services provider's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 24.97% from the company's previous close.
Separately, Bank of America reissued a "buy" rating and issued a GBX 1,000 ($13.42) price target on shares of Prudential in a report on Thursday, March 20th.
Read Our Latest Analysis on Prudential
Prudential Stock Up 0.1%
PRU traded up GBX 0.80 ($0.01) on Wednesday, reaching GBX 920.20 ($12.35). The company's stock had a trading volume of 3,768,007 shares, compared to its average volume of 7,240,370. The stock has a market cap 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. Prudential has a 1 year low of GBX 594.80 ($7.98) and a 1 year high of GBX 942.40 ($12.65). The company has a debt-to-equity ratio of 24.44, a current ratio of 1.86 and a quick ratio of 0.67. The business's 50 day moving average is GBX 886.71 and its 200 day moving average is GBX 784.19.
Insider Activity
In other news, insider George David Sartorel acquired 1,000 shares of Prudential stock in a transaction that occurred on Thursday, June 19th. The stock was purchased at an average price of GBX 879 ($11.80) per share, with a total value of £8,790 ($11,798.66). Company insiders own 0.29% of the company's stock.
About Prudential
(
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).
See Also
Before you consider Prudential, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Prudential wasn't on the list.
While Prudential currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
