Prudential (PRU) Rating Reiterated by Deutsche Bank

Share on StockTwits

Deutsche Bank restated their buy rating on shares of Prudential (LON:PRU) in a research note published on Thursday. Deutsche Bank currently has a GBX 2,275 ($29.45) price target on the financial services provider’s stock.

Several other equities research analysts have also weighed in on PRU. Royal Bank of Canada set a GBX 1,740 ($22.52) price objective on Prudential and gave the stock a neutral rating in a report on Tuesday, April 24th. Citigroup lowered Prudential to a neutral rating and decreased their price objective for the stock from GBX 2,186 ($28.30) to GBX 2,081 ($26.94) in a report on Tuesday, April 24th. Credit Suisse Group restated an outperform rating on shares of Prudential in a research note on Friday, May 4th. HSBC restated a buy rating and issued a GBX 2,280 ($29.51) target price on shares of Prudential in a research note on Wednesday, May 9th. Finally, JPMorgan Chase & Co. restated a neutral rating and issued a GBX 1,899 ($24.58) target price (down previously from GBX 1,899 ($24.58)) on shares of Prudential in a research note on Monday, May 14th. Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company has an average rating of Buy and a consensus target price of GBX 2,162.18 ($27.99).

Shares of PRU opened at GBX 1,797.50 ($23.27) on Thursday. Prudential has a fifty-two week low of GBX 1,612.14 ($20.87) and a fifty-two week high of GBX 1,992.50 ($25.79).

The company also recently announced a dividend, which will be paid on Thursday, September 27th. Investors of record on Thursday, August 23rd will be given a GBX 15.67 ($0.20) dividend. The ex-dividend date of this dividend is Thursday, August 23rd. This represents a yield of 0.86%.

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.

Recommended Story: Short Selling – Explanation For Shorting Stocks

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.

Leave a Reply