Prudential (LON:PRU) Given a GBX 2,200 Price Target by UBS Analysts

Prudential (LON:PRU) received a GBX 2,200 ($29.61) price target from investment analysts at UBS in a research report issued to clients and investors on Friday, November 17th, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. UBS’s target price indicates a potential upside of 20.19% from the company’s previous close.

A number of other research analysts have also weighed in on the company. Citigroup reissued a “buy” rating and set a GBX 2,109 ($28.38) target price on shares of Prudential in a report on Friday, November 17th. Societe Generale restated a “hold” rating and issued a GBX 1,790 ($24.09) price target on shares of Prudential in a research note on Friday, November 17th. Jefferies Group restated a “hold” rating and issued a GBX 2,000 ($26.92) price target on shares of Prudential in a research note on Friday, November 17th. Shore Capital restated a “buy” rating on shares of Prudential in a research note on Thursday, November 16th. Finally, J P Morgan Chase & Co restated a “neutral” rating on shares of Prudential in a research note on Thursday, November 16th. Five research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Prudential has an average rating of “Buy” and a consensus target price of GBX 2,003.72 ($26.97).

Prudential (LON PRU) traded up GBX 15.50 ($0.21) during mid-day trading on Friday, hitting GBX 1,830.50 ($24.64). The company had a trading volume of 4,018,943 shares, compared to its average volume of 4,610,000. Prudential has a 1-year low of GBX 1,524 ($20.51) and a 1-year high of GBX 1,933.50 ($26.02).

In other Prudential news, insider Anne Richards purchased 21,408 shares of the stock in a transaction dated Monday, December 4th. The stock was bought at an average price of GBX 1,833 ($24.67) per share, with a total value of £392,408.64 ($528,140.83). Also, insider David J. A. Law purchased 2,162 shares of the stock in a transaction dated Friday, December 1st. The shares were acquired at an average cost of GBX 1,837 ($24.72) per share, with a total value of £39,715.94 ($53,453.49). Over the last quarter, insiders have bought 43,601 shares of company stock valued at $79,028,243.

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Prudential Company Profile

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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