Several other analysts have also recently weighed in on the company. HSBC set a GBX 2,300 ($30.05) price target on Prudential and gave the company a buy rating in a report on Monday, June 3rd. UBS Group reaffirmed a buy rating on shares of Prudential in a report on Monday, June 3rd. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Prudential in a report on Monday, May 13th. Deutsche Bank reaffirmed a buy rating on shares of Prudential in a report on Monday, May 13th. Finally, Jefferies Financial Group raised their price target on Prudential from GBX 1,936 ($25.30) to GBX 1,949 ($25.47) and gave the company a hold rating in a report on Monday, April 29th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of GBX 2,061 ($26.93).
LON:PRU opened at GBX 1,617 ($21.13) on Monday. Prudential has a twelve month low of GBX 1,325 ($17.31) and a twelve month high of GBX 1,886 ($24.64). The stock has a market capitalization of $41.85 billion and a price-to-earnings ratio of 13.84. The company has a debt-to-equity ratio of 113.46, a quick ratio of 0.14 and a current ratio of 1.17.
Prudential plc, through 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; mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.
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