Prudential (LON:PRU) received a GBX 1,800 ($24.41) price objective from equities research analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.’s target price points to a potential downside of 8.79% from the stock’s current price.
PRU has been the subject of several other research reports. Goldman Sachs Group set a GBX 2,040 ($27.66) price target on shares of Prudential and gave the company a “buy” rating in a report on Tuesday, November 21st. Morgan Stanley boosted their price target on shares of Prudential from GBX 2,092 ($28.37) to GBX 2,166 ($29.37) and gave the company an “overweight” rating in a report on Thursday, October 19th. Barclays reduced their price objective on shares of Prudential from GBX 2,169 ($29.41) to GBX 2,161 ($29.31) and set an “overweight” rating for the company in a research note on Monday, December 11th. Societe Generale boosted their price objective on shares of Prudential from GBX 1,725 ($23.39) to GBX 1,790 ($24.27) and gave the stock a “hold” rating in a research note on Thursday, September 14th. Finally, Shore Capital reiterated a “buy” rating on shares of Prudential in a research note on Thursday, November 16th. Five investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 2,027.68 ($27.50).
Prudential (LON PRU) traded up GBX 2 ($0.03) during trading hours on Thursday, hitting GBX 1,973.50 ($26.76). 3,795,090 shares of the stock traded hands, compared to its average volume of 3,820,000. Prudential has a twelve month low of GBX 1,524 ($20.67) and a twelve month high of GBX 1,984 ($26.91). The company has a market cap of $51,060.00 and a price-to-earnings ratio of 1,844.39.
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Prudential Company Profile
Prudential Public Limited Company is an international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.
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