Prudential plc (LON:PRU - Get Free Report) hit a new 52-week high on Tuesday after an insider bought additional shares in the company. The company traded as high as GBX 921 ($12.47) and last traded at GBX 921 ($12.47), with a volume of 72016438 shares changing hands. The stock had previously closed at GBX 895.20 ($12.12).
Specifically, insider George David Sartorel acquired 1,000 shares of the stock in a transaction dated Thursday, June 19th. The stock was bought at an average price of GBX 879 ($11.90) per share, with a total value of £8,790 ($11,900.89).
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on PRU shares. JPMorgan Chase & Co. reiterated an "overweight" rating and set a GBX 1,000 ($13.54) price target on shares of Prudential in a report on Monday, May 19th. Bank of America reaffirmed a "buy" rating and set a GBX 1,000 ($13.54) target price on shares of Prudential in a report on Thursday, March 20th.
View Our Latest Stock Report on PRU
Prudential Stock Performance
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 company's 50-day moving average price is GBX 842.94 and its two-hundred day moving average price is GBX 749.71. The company has a market capitalization of £29.98 billion, a price-to-earnings ratio of 45.52, a PEG ratio of 0.40 and a beta of 1.20.
Prudential Company Profile
(
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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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