Shares of Prudential plc (LON:PRU - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 941.80 ($12.64) and last traded at GBX 940.20 ($12.62), with a volume of 83954117 shares. The stock had previously closed at GBX 933.40 ($12.53).
Analyst Upgrades and Downgrades
Several brokerages have commented on PRU. Bank of America reiterated a "buy" rating and issued a GBX 1,000 ($13.42) price target on shares of Prudential in a research note on Thursday, March 20th. JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 1,150 ($15.43) target price on shares of Prudential in a research report on Wednesday.
Read Our Latest Stock Analysis on PRU
Prudential Price Performance
The firm's 50-day moving average price is GBX 883.24 and its 200-day moving average price is GBX 780.26. 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 stock has a market capitalization of £30.19 billion, a PE ratio of 45.84, a PEG ratio of 0.40 and a beta of 1.20.
Insider Activity
In other news, insider George David Sartorel purchased 1,000 shares of the business's stock in a transaction that occurred on Thursday, June 19th. The shares were bought at an average cost of GBX 879 ($11.80) per share, for a total transaction of £8,790 ($11,795.49). Corporate 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).
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