Prudential plc’s buy Rating Reaffirmed at Societe Generale (PRU)

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Prudential plc (LON:PRU)‘s stock had its “buy” rating reaffirmed by investment analysts at Societe Generale in a note issued to investors on Monday, Stock Ratings News reports. They currently have a GBX 1,530 ($25.14) price objective on the stock. Societe Generale’s price objective would indicate a potential upside of 24.59% from the stock’s previous close.

A number of other firms have also recently commented on PRU. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Prudential plc in a research note to investors on Monday, January 27th. They now have a GBX 1,500 ($24.65) price target on the stock. Separately, analysts at Mediobanca SpA downgraded shares of Prudential plc to a “neutral” rating in a research note to investors on Wednesday, January 22nd. They now have a GBX 1,250.40 ($20.55) price target on the stock. Finally, analysts at HSBC raised their price target on shares of Prudential plc from GBX 1,570 ($25.80) to GBX 1,625 ($26.71) in a research note to investors on Tuesday, January 21st. They now have an “overweight” rating on the stock. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,353.93 ($22.25).

Shares of Prudential plc (LON:PRU) traded down 1.55% during mid-day trading on Monday, hitting GBX 1209.00. The stock had a trading volume of 2,954,817 shares. Prudential plc has a 52 week low of GBX 914.9999 and a 52 week high of GBX 1389.00. The stock has a 50-day moving average of GBX 1316. and a 200-day moving average of GBX 1231.. The company’s market cap is £30.891 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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