Prudential plc (LON:PRU) Insider Purchases £58,000 in Stock

Prudential plc (LON:PRUGet Free Report) insider George David Sartorel purchased 8,000 shares of the company’s stock in a transaction that occurred on Thursday, July 4th. The stock was bought at an average cost of GBX 725 ($9.29) per share, for a total transaction of £58,000 ($74,292.30).

Prudential Trading Up 2.8 %

LON:PRU opened at GBX 735.20 ($9.42) on Thursday. The company has a market capitalization of £20.22 billion, a P/E ratio of 1,500.41, a P/E/G ratio of 0.81 and a beta of 1.26. The stock’s 50 day moving average price is GBX 747.13 and its 200 day moving average price is GBX 773.43. The company has a debt-to-equity ratio of 31.08, a quick ratio of 0.67 and a current ratio of 2.02. Prudential plc has a 52 week low of GBX 684.73 ($8.77) and a 52 week high of GBX 1,102.50 ($14.12).

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,350 ($17.29) target price on shares of Prudential in a research report on Monday, June 24th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,800 ($23.06) target price on shares of Prudential in a research report on Wednesday, March 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,290 ($16.52) price target on shares of Prudential in a research report on Tuesday, June 25th. Finally, Barclays reiterated an “overweight” rating and issued a GBX 1,390 ($17.80) target price on shares of Prudential in a report on Wednesday, May 1st.

Check Out Our Latest Stock Analysis on Prudential

Prudential Company Profile

(Get Free Report)

Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.

Further Reading

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