Prudential (PRU) Given a GBX 1,800 Price Target by JPMorgan Chase & Co. Analysts

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.

In other Prudential news, insider Anne Richards acquired 21,408 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were acquired at an average cost of GBX 1,833 ($24.86) per share, with a total value of £392,408.64 ($532,151.67). Also, insider David J. A. Law acquired 2,162 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was acquired at an average cost of GBX 1,837 ($24.91) per share, for a total transaction of £39,715.94 ($53,859.43). Insiders have acquired a total of 23,600 shares of company stock worth $43,268,288 in the last 90 days.

COPYRIGHT VIOLATION WARNING: This story was originally reported by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this story can be viewed at https://www.com-unik.info/2018/01/14/prudential-pru-given-a-gbx-1800-price-target-by-jpmorgan-chase-co-analysts.html.

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.

Analyst Recommendations for Prudential (LON:PRU)

What are top analysts saying about Prudential? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Prudential and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit