Prudential (PRU) Given a GBX 2,186 Price Target at Citigroup

Citigroup set a GBX 2,186 ($29.64) price objective on Prudential (LON:PRU) in a research note published on Friday. The brokerage currently has a buy rating on the financial services provider’s stock.

Several other analysts also recently commented on the company. Deutsche Bank reaffirmed a buy rating and set a GBX 2,000 ($27.12) price objective on shares of Prudential in a research note on Thursday, October 5th. Jefferies Group increased their target price on Prudential from GBX 1,771 ($24.02) to GBX 2,000 ($27.12) and gave the stock a hold rating in a report on Tuesday, November 7th. Societe Generale increased their target price on Prudential from GBX 1,725 ($23.39) to GBX 1,790 ($24.27) and gave the stock a hold rating in a report on Thursday, September 14th. Morgan Stanley increased their target price on Prudential from GBX 2,092 ($28.37) to GBX 2,166 ($29.37) and gave the stock an overweight rating in a report on Thursday, October 19th. Finally, Bank of America set a GBX 2,300 ($31.19) target price on Prudential and gave the stock a buy rating in a report on Wednesday, December 13th. Five analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of GBX 2,027.68 ($27.50).

Shares of Prudential (LON:PRU) traded up GBX 2 ($0.03) during trading on Friday, reaching GBX 1,973.50 ($26.76). The company had a trading volume of 3,795,090 shares, compared to its average volume of 3,820,000. The firm has a market cap of $51,060.00 and a P/E ratio of 1,844.39. Prudential has a twelve month low of GBX 1,524 ($20.67) and a twelve month high of GBX 1,984 ($26.91).

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

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About Prudential

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)

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