Prudential plc (LON:PRU) Insider Purchases £8,790 in Stock

Prudential plc (LON:PRU - Get Free Report) insider George David Sartorel bought 1,000 shares of the stock in a transaction that occurred on Thursday, June 19th. The shares were purchased at an average price of GBX 879 ($11.80) per share, with a total value of £8,790 ($11,800.24).

Prudential Stock Performance

LON PRU traded up GBX 0.80 ($0.01) during trading hours on Monday, hitting GBX 895 ($12.02). The company had a trading volume of 289,749,094 shares, compared to its average volume of 9,990,677. The business has a 50 day moving average of GBX 840.18 and a 200-day moving average of GBX 748.09. The company has a market cap of £29.45 billion, a PE ratio of 44.71, a price-to-earnings-growth ratio of 0.40 and a beta of 1.20. Prudential plc has a 1-year low of GBX 594.80 ($7.98) and a 1-year high of GBX 907.30 ($12.18). The company has a debt-to-equity ratio of 24.44, a quick ratio of 0.67 and a current ratio of 1.86.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Bank of America reaffirmed a "buy" rating and set a GBX 1,000 ($13.42) price target on shares of Prudential in a report on Thursday, March 20th. JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 1,000 ($13.42) target price on shares of Prudential in a research note on Monday, May 19th.

Prudential Company Profile

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.