Investment analysts at Credit Suisse hoisted their price target on shares of Prudential plc (LON:PRU) from GBX 1,450 ($23.90) to GBX 1,500 ($24.72) in a note issued to investors on Wednesday, Analyst Ratings Network reports. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price objective points to a potential upside of 11.11% from the stock’s previous close.
A number of other firms have also recently commented on PRU. Analysts at Citigroup Inc. raised their price target on shares of Prudential plc from GBX 1,390 ($22.91) to GBX 1,550 ($25.54) in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Prudential plc in a research note to investors on Tuesday, January 7th. They now have a GBX 920 ($15.16) price target on the stock. Finally, 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. 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 given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of GBX 1,332.55 ($21.96).
Shares of Prudential plc (LON:PRU) opened at 1374.00 on Wednesday. Prudential plc has a one year low of GBX 914.9999 and a one year high of GBX 1389.00. The stock’s 50-day moving average is GBX 1308.06 and its 200-day moving average is GBX 1213.. The company’s market cap is £35.107 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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