Barclays Trims Prudential (LON:PRU) Target Price to GBX 2,076
Prudential (LON:PRU) had its target price reduced by Barclays from GBX 2,144 ($27.75) to GBX 2,076 ($26.87) in a report published on Wednesday, July 18th. Barclays currently has an overweight rating on the financial services provider’s stock.
Several other analysts have also commented on PRU. Royal Bank of Canada set a GBX 1,740 ($22.52) price target on Prudential and gave the company a neutral rating in a research note on Friday, June 22nd. Deutsche Bank increased their price target on Prudential from GBX 2,050 ($26.54) to GBX 2,250 ($29.13) and gave the company a buy rating in a research report on Friday, March 23rd. Credit Suisse Group reissued an outperform rating and set a GBX 2,235 ($28.93) price target on shares of Prudential in a research report on Friday, March 23rd. BNP Paribas reissued an outperform rating on shares of Prudential in a research report on Wednesday, March 28th. Finally, Sanford C. Bernstein increased their price target on Prudential from GBX 1,950 ($25.24) to GBX 2,250 ($29.13) and gave the company an outperform rating in a research report on Thursday, March 22nd. Five equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of GBX 2,162.18 ($27.99).
Prudential traded down GBX 26.50 ($0.34), reaching GBX 1,797.50 ($23.27), during trading on Wednesday, according to Marketbeat Ratings. The company had a trading volume of 6,974,756 shares, compared to its average volume of 4,740,000. Prudential has a 12-month low of GBX 1,612.14 ($20.87) and a 12-month high of GBX 1,992.50 ($25.79).
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.
Further Reading: Stock Symbols Definition, Examples, Lookup
Receive News & Ratings for Prudential Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential and related companies with MarketBeat.com's FREE daily email newsletter.