Shares of Prudential plc (LON:PRU - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,107.49 and traded as high as GBX 1,125. Prudential shares last traded at GBX 1,110.99, with a volume of 5,405,345 shares.
Analyst Ratings Changes
A number of brokerages have recently weighed in on PRU. Citigroup raised their price objective on Prudential from GBX 1,122 to GBX 1,425 and gave the company a "buy" rating in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft increased their price target on Prudential from GBX 1,355 to GBX 1,440 and gave the company a "buy" rating in a research note on Thursday, March 19th. Finally, JPMorgan Chase & Co. upped their price objective on Prudential from GBX 1,450 to GBX 1,480 and gave the stock an "overweight" rating in a report on Wednesday, April 22nd. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of GBX 1,379.
Read Our Latest Stock Analysis on PRU
Prudential Stock Performance
The firm has a market capitalization of £27.46 billion, a PE ratio of 7.13, a PEG ratio of 0.40 and a beta of 0.90. The company has a fifty day moving average price of GBX 1,096.59 and a 200-day moving average price of GBX 1,107.49.
Insider Buying and Selling at Prudential
In related news, insider Anil Wadhwani bought 37 shares of the business's stock in a transaction dated Friday, April 10th. The shares were purchased at an average price of GBX 1,127 per share, with a total value of £416.99. Corporate insiders own 0.48% 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). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts.
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