Goldman Sachs Group Reiterates GBX 2,290 Price Target for Prudential (PRU)

Goldman Sachs Group set a GBX 2,290 ($31.64) price target on Prudential (LON:PRU) in a research note released on Wednesday. The brokerage currently has a buy rating on the financial services provider’s stock.

PRU has been the subject of several other research reports. Barclays reissued an overweight rating on shares of Prudential in a research report on Wednesday, January 24th. Societe Generale reissued a hold rating and issued a GBX 1,790 ($24.73) price objective on shares of Prudential in a research report on Friday, November 17th. Bank of America set a GBX 2,300 ($31.78) price objective on shares of Prudential and gave the stock a buy rating in a research report on Wednesday, December 13th. Citigroup set a GBX 2,186 ($30.20) price objective on shares of Prudential and gave the stock a buy rating in a research report on Friday, January 12th. Finally, JPMorgan Chase & Co. set a GBX 1,800 ($24.87) price objective on shares of Prudential and gave the stock a neutral rating in a research report on Friday, January 5th. Five investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of GBX 2,065.89 ($28.54).

Prudential (PRU) opened at GBX 1,839 ($25.41) on Wednesday. The firm has a market cap of $47,580.00 and a P/E ratio of 1,718.69. Prudential has a one year low of GBX 1,589 ($21.95) and a one year high of GBX 1,992.50 ($27.53).

In related news, insider Anne Richards acquired 21,408 shares of Prudential stock in a transaction on Monday, December 4th. The shares were purchased at an average cost of GBX 1,833 ($25.32) per share, for a total transaction of £392,408.64 ($542,150.65). Also, insider David J. A. Law acquired 2,162 shares of Prudential stock in a transaction on Friday, December 1st. The shares were bought at an average price of GBX 1,837 ($25.38) per share, for a total transaction of £39,715.94 ($54,871.43). Over the last ninety days, insiders have purchased 23,600 shares of company stock valued at $43,267,988.

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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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Goldman Sachs Group Reiterates GBX 2,290 Price Target for Prudential (PRU)

Goldman Sachs Group set a GBX 2,290 ($31.64) price target on Prudential (LON:PRU) in a research note released on Wednesday morning. The firm currently has a buy rating on the financial services provider’s stock.

Other analysts also recently issued reports about the stock. Shore Capital reiterated a buy rating on shares of Prudential in a research report on Thursday, November 16th. JPMorgan Chase & Co. set a GBX 1,800 ($24.87) price objective on shares of Prudential and gave the company a neutral rating in a research report on Thursday, January 11th. Credit Suisse Group lifted their price objective on shares of Prudential from GBX 2,180 ($30.12) to GBX 2,235 ($30.88) and gave the company an outperform rating in a research report on Thursday, February 1st. Jefferies Group lifted their price objective on shares of Prudential from GBX 1,771 ($24.47) to GBX 2,000 ($27.63) and gave the company a hold rating in a research report on Tuesday, November 7th. Finally, Barclays reiterated an overweight rating and issued a GBX 2,161 ($29.86) price objective on shares of Prudential in a research report on Monday, December 18th. Five equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Prudential presently has a consensus rating of Buy and an average target price of GBX 2,065.89 ($28.54).

Prudential (PRU) opened at GBX 1,839 ($25.41) on Wednesday. Prudential has a 52-week low of GBX 1,589 ($21.95) and a 52-week high of GBX 1,992.50 ($27.53). The stock has a market cap of $47,580.00 and a PE ratio of 1,718.69.

In other Prudential news, insider Anne Richards acquired 21,408 shares of the stock in a transaction dated Monday, December 4th. The shares were bought at an average price of GBX 1,833 ($25.32) per share, with a total value of £392,408.64 ($542,150.65). Also, insider David J. A. Law bought 2,162 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was purchased at an average cost of GBX 1,837 ($25.38) per share, for a total transaction of £39,715.94 ($54,871.43). Insiders bought a total of 23,600 shares of company stock worth $43,267,988 in the last ninety days.

TRADEMARK VIOLATION WARNING: “Goldman Sachs Group Reiterates GBX 2,290 Price Target for Prudential (PRU)” was originally posted by Week Herald and is owned by of Week Herald. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright legislation. The original version of this article can be viewed at https://weekherald.com/2018/02/18/goldman-sachs-group-reiterates-gbx-2290-price-target-for-prudential-pru.html.

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)

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.

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