Prudential plc (LON:PRU)‘s stock had its “underweight” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday, Analyst Ratings Network reports. They currently have a GBX 920 ($15.09) target price on the stock. JPMorgan Chase & Co.’s price target would suggest a potential downside of 31.31% from the company’s current price.
PRU has been the subject of a number of other recent research reports. Analysts at Goldman Sachs Group Inc. reiterated a “conviction-buy” rating on shares of Prudential plc in a research note to investors on Tuesday, December 17th. Separately, analysts at Deutsche Bank raised their price target on shares of Prudential plc from GBX 1,350 ($22.14) to GBX 1,490 ($24.44) in a research note to investors on Monday, December 16th. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Prudential plc in a research note to investors on Thursday, December 12th. They now have a GBX 1,500 ($24.60) price target on the stock. Three analysts have rated the stock with a sell rating, two have issued a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. Prudential plc presently has an average rating of “Buy” and a consensus target price of GBX 1,322.05 ($21.68).
Shares of Prudential plc (LON:PRU) opened at 1349.00 on Tuesday. Prudential plc has a 1-year low of GBX 903.575 and a 1-year high of GBX 1363.00. The stock has a 50-day moving average of GBX 1294.81 and a 200-day moving average of GBX 1202.. The company’s market cap is £34.468 billion.
Prudential plc (LON:PRU), is an international financial services group, with operations in Asia, the United States and the United Kingdom.
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