Prudential plc (LON:PRU - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 901.41 ($12.15) and traded as high as GBX 1,042 ($14.05). Prudential shares last traded at GBX 1,036.64 ($13.97), with a volume of 9,852,243 shares traded.
Analysts Set New Price Targets
PRU has been the subject of several research analyst reports. Citigroup cut their price target on Prudential from GBX 1,142 to GBX 1,122 and set a "buy" rating for the company in a report on Monday, September 1st. Jefferies Financial Group reiterated a "buy" rating and set a GBX 1,350 target price on shares of Prudential in a research report on Monday, September 22nd. JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 1,150 price target on shares of Prudential in a research report on Wednesday, July 16th. Finally, UBS Group reaffirmed a "buy" rating and set a GBX 1,200 price target on shares of Prudential in a research note on Friday, August 15th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of GBX 1,164.40.
View Our Latest Stock Report on PRU
Prudential Price Performance
The firm has a market capitalization of £26.50 billion, a P/E ratio of 808.08, 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 firm has a 50 day moving average price of GBX 995.45 and a 200-day moving average price of GBX 901.41.
Insider Buying and Selling
In other news, insider Guido Fürer acquired 13,000 shares of the company's stock in a transaction on Friday, August 29th. The stock was bought at an average cost of GBX 966 per share, with a total value of £125,580. 0.46% of the stock is owned by insiders.
About Prudential
(
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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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