Prudential’s (PRU) “Neutral” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of Prudential (LON:PRU) in a report issued on Wednesday.

Other research analysts have also issued research reports about the stock. UBS Group set a GBX 2,250 ($29.40) price target on shares of Prudential and gave the stock a buy rating in a research note on Monday, August 20th. HSBC set a GBX 2,270 ($29.66) price target on shares of Prudential and gave the stock a buy rating in a research note on Wednesday, August 15th. Barclays set a GBX 2,076 ($27.13) price target on shares of Prudential and gave the stock a buy rating in a research note on Thursday, August 9th. Deutsche Bank restated a buy rating and set a GBX 2,275 ($29.73) price target on shares of Prudential in a research note on Thursday, August 9th. Finally, Berenberg Bank increased their price target on shares of Prudential from GBX 2,400 ($31.36) to GBX 2,600 ($33.97) and gave the stock a buy rating in a research note on Thursday, August 30th. Five equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of GBX 2,160.12 ($28.23).

Shares of PRU opened at GBX 1,557.50 ($20.35) on Wednesday. Prudential has a 12 month low of GBX 1,612.14 ($21.07) and a 12 month high of GBX 1,992.50 ($26.04).

In related news, insider James Turner sold 1,473 shares of the firm’s stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of GBX 1,748 ($22.84), for a total value of £25,748.04 ($33,644.37). Insiders purchased a total of 35 shares of company stock worth $57,904 over the last quarter.

Prudential Company Profile

Prudential plc, together with its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The company offers health and protection, as well as other life insurance products, including participating business and mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.

Read More: Price to Earnings Ratio (PE)

Analyst Recommendations for Prudential (LON:PRU)

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