Societe Generale Reiterates GBX 1,790 Price Target for Prudential plc (PRU)

Prudential plc (LON:PRU) has been assigned a GBX 1,790 ($23.12) price objective by analysts at Societe Generale in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the financial services provider’s stock. Societe Generale’s price objective suggests a potential downside of 0.83% from the company’s current price.

PRU has been the subject of a number of other reports. Morgan Stanley set a GBX 2,084 ($26.91) price objective on Prudential plc and gave the stock a “buy” rating in a report on Tuesday, July 4th. UBS AG set a GBX 2,200 ($28.41) price objective on Prudential plc and gave the stock a “buy” rating in a report on Friday, August 11th. Deutsche Bank AG reissued a “buy” rating and set a GBX 2,000 ($25.83) price objective on shares of Prudential plc in a report on Wednesday, July 26th. Royal Bank Of Canada set a GBX 1,620 ($20.92) price objective on Prudential plc and gave the stock a “neutral” rating in a report on Friday, July 21st. Finally, Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a GBX 2,000 ($25.83) price objective on shares of Prudential plc in a report on Tuesday, May 30th. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Prudential plc currently has a consensus rating of “Buy” and a consensus price target of GBX 1,954.50 ($25.24).

Prudential plc (LON:PRU) traded down 0.83% on Wednesday, reaching GBX 1790.00. The company’s stock had a trading volume of 3,820,448 shares. Prudential plc has a 52-week low of GBX 1,290.00 and a 52-week high of GBX 1,889.50. The firm’s 50-day moving average price is GBX 1,815.61 and its 200 day moving average price is GBX 1,752.99. The company’s market cap is GBX 46.08 billion.

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In related news, insider Lord J. Adair Turner bought 1,000 shares of the company’s stock in a transaction on Wednesday, June 28th. The shares were purchased at an average price of GBX 1,802 ($23.27) per share, for a total transaction of £18,020 ($23,272.63). Over the last three months, insiders have acquired 1,031 shares of company stock valued at $1,857,855.

Prudential plc Company Profile

Prudential Public Limited Company is an international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.

Analyst Recommendations for Prudential plc (LON:PRU)

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