UBS Group set a GBX 2,000 ($26.13) price objective on Prudential (LON:PRU) in a research report released on Wednesday, reports. The firm currently has a buy rating on the financial services provider’s stock.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank reiterated a buy rating on shares of Prudential in a research report on Wednesday, February 27th. Barclays reiterated an overweight rating and set a GBX 2,063 ($26.96) price target (down from GBX 2,104 ($27.49)) on shares of Prudential in a research report on Wednesday, March 6th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Prudential in a research report on Wednesday, November 14th. HSBC decreased their price target on Prudential from GBX 2,270 ($29.66) to GBX 2,240 ($29.27) and set a buy rating on the stock in a research report on Wednesday, January 23rd. Finally, Shore Capital reiterated an under review rating on shares of Prudential in a research report on Thursday, January 10th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of GBX 2,073.42 ($27.09).

Shares of Prudential stock opened at GBX 1,624.50 ($21.23) on Wednesday. Prudential has a 52-week low of GBX 1,325 ($17.31) and a 52-week high of GBX 1,962 ($25.64). The stock has a market capitalization of $41.94 billion and a P/E ratio of 18.67. The company has a current ratio of 0.97, a quick ratio of 0.29 and a debt-to-equity ratio of 117.70.

The business also recently disclosed a dividend, which will be paid on Friday, May 17th. Investors of record on Thursday, March 28th will be given a GBX 33.68 ($0.44) dividend. This represents a dividend yield of 2.18%. This is a boost from Prudential’s previous dividend of $15.67. The ex-dividend date of this dividend is Thursday, March 28th. Prudential’s dividend payout ratio is 0.55%.

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.

Featured Story: Day Trading

Analyst Recommendations for Prudential (LON:PRU)

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's FREE daily email newsletter.