Prudential plc (LON:PRU) Insider Mike Wells Sells 4,612 Shares of Stock

Prudential plc (LON:PRU) insider Mike Wells sold 4,612 shares of the firm’s stock in a transaction on Monday, June 21st. The stock was sold at an average price of GBX 1,446 ($18.89), for a total value of £66,689.52 ($87,130.28).

Mike Wells also recently made the following trade(s):

  • On Monday, May 17th, Mike Wells sold 132,234 shares of Prudential stock. The shares were sold at an average price of GBX 1,500 ($19.60), for a total value of £1,983,510 ($2,591,468.51).

LON:PRU opened at GBX 1,435 ($18.75) on Wednesday. The stock has a market capitalization of £37.53 billion and a PE ratio of 24.78. Prudential plc has a 52 week low of GBX 861 ($11.25) and a 52 week high of GBX 1,598.50 ($20.88). The company has a debt-to-equity ratio of 85.20, a current ratio of 2.82 and a quick ratio of 0.33. The company’s 50 day moving average price is GBX 1,506.78.

A number of analysts have recently issued reports on PRU shares. Credit Suisse Group set a GBX 1,750 ($22.86) target price on shares of Prudential and gave the company a “buy” rating in a research note on Thursday, May 6th. Royal Bank of Canada set a GBX 1,800 ($23.52) target price on shares of Prudential and gave the stock a “buy” rating in a research note on Thursday, March 11th. UBS Group reiterated a “buy” rating and issued a GBX 1,770 ($23.13) price target on shares of Prudential in a report on Friday, May 14th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Prudential from GBX 1,400 ($18.29) to GBX 1,700 ($22.21) and gave the stock a “buy” rating in a report on Monday, March 22nd. Finally, Shore Capital reissued a “buy” rating on shares of Prudential in a research note on Thursday, May 13th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Prudential presently has a consensus rating of “Buy” and a consensus target price of GBX 1,657.75 ($21.66).

About Prudential

Prudential plc, through its subsidiaries, provides life and health insurance, and retirement and asset management solutions to individuals in Asia, the United States, and Africa. It offers health and protection, as well as savings products, such as participating, linked, and other traditional products; mutual funds; life insurance; property and casualty insurance; and group insurance.

Featured Article: Different Options Trading Strategies

Insider Buying and Selling by Quarter 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.