Prudential (PRU) Stock Rating Reaffirmed by Shore Capital

Prudential (LON:PRU)‘s stock had its “under review” rating reissued by Shore Capital in a report released on Thursday.

Several other research firms have also recently issued reports on PRU. Barclays lowered their price objective on Prudential from GBX 2,163 ($28.26) to GBX 2,104 ($27.49) and set an “overweight” rating for the company in a research report on Thursday, December 13th. Royal Bank of Canada upped their price objective on Prudential from GBX 1,600 ($20.91) to GBX 1,750 ($22.87) and gave the stock a “sector performer” rating in a research report on Tuesday, December 11th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Prudential in a research report on Wednesday, December 12th. JPMorgan Chase & Co. set a GBX 1,899 ($24.81) price objective on Prudential and gave the stock a “neutral” rating in a research report on Thursday, October 11th. Finally, UBS Group lowered their price objective on Prudential from GBX 2,250 ($29.40) to GBX 2,100 ($27.44) and set a “buy” rating for the company in a research report on Tuesday, October 16th. Three investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of GBX 2,120.07 ($27.70).

LON:PRU opened at GBX 1,447 ($18.91) on Thursday. Prudential has a 1 year low of GBX 1,612.14 ($21.07) and a 1 year high of GBX 1,992.50 ($26.04).



In other news, insider Fields Wicker-Miurin bought 1,000 shares of the firm’s stock in a transaction that occurred on Friday, December 14th. The stock was purchased at an average cost of GBX 1,398 ($18.27) per share, with a total value of £13,980 ($18,267.35). Over the last three months, insiders purchased 1,027 shares of company stock valued at $1,438,685.

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.

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Analyst Recommendations for Prudential (LON:PRU)

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