Prudential plc (LON:PRU - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 833.30 ($11.27) and traded as high as GBX 991.60 ($13.41). Prudential shares last traded at GBX 988.60 ($13.36), with a volume of 3,037,840 shares.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on PRU. JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 1,150 target price on shares of Prudential in a report on Wednesday, July 16th. UBS Group reissued a "buy" rating and set a GBX 1,200 target price on shares of Prudential in a report on Friday, August 15th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Prudential has an average rating of "Buy" and an average price target of GBX 1,165.
Read Our Latest Stock Report on PRU
Prudential Trading Down 0.8%
The company's 50-day moving average price is GBX 936.45 and its 200-day moving average price is GBX 838.98. The firm has a market cap of £32.86 billion, a price-to-earnings ratio of 49.89, a price-to-earnings-growth ratio of 0.40 and a beta of 1.20. The company has a quick ratio of 0.67, a current ratio of 1.86 and a debt-to-equity ratio of 24.44.
Insider Buying and Selling
In other news, insider George David Sartorel bought 1,000 shares of Prudential stock in a transaction on Thursday, June 19th. The shares were bought at an average cost of GBX 879 per share, with a total value of £8,790. 0.29% of the stock is owned by company insiders.
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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