Deutsche Bank AG Reaffirms “Buy” Rating for Prudential plc (LON:PRU)

Deutsche Bank AG restated their buy rating on shares of Prudential plc (LON:PRU) in a research report report published on Thursday, October 5th. They currently have a GBX 2,000 ($26.30) target price on the financial services provider’s stock.

Other equities research analysts also recently issued research reports about the company. HSBC Holdings plc reiterated a buy rating and issued a GBX 1,980 ($26.03) price objective on shares of Prudential plc in a report on Tuesday, June 13th. Shore Capital reiterated a buy rating on shares of Prudential plc in a report on Friday, August 11th. UBS AG set a GBX 2,200 ($28.92) price objective on Prudential plc and gave the company a buy rating in a report on Friday, August 11th. Goldman Sachs Group, Inc. (The) set a GBX 2,000 ($26.30) price target on Prudential plc and gave the stock a buy rating in a report on Friday, August 11th. Finally, Morgan Stanley set a GBX 2,084 ($27.40) price target on Prudential plc and gave the stock a buy rating in a report on Tuesday, July 4th. Five analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of GBX 1,954.50 ($25.70).

Prudential plc (LON:PRU) traded down 0.08% on Thursday, reaching GBX 1828.00. The company had a trading volume of 5,931,784 shares. The company’s market capitalization is GBX 47.06 billion. Prudential plc has a 12 month low of GBX 1,290.00 and a 12 month high of GBX 1,889.50. The company’s 50 day moving average price is GBX 1,787.97 and its 200-day moving average price is GBX 1,767.23.

TRADEMARK VIOLATION NOTICE: “Deutsche Bank AG Reaffirms “Buy” Rating for Prudential plc (LON:PRU)” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at https://ledgergazette.com/2017/10/14/prudential-plc-pru-receives-buy-rating-from-deutsche-bank-ag.html.

The company also recently announced a dividend, which was paid on Thursday, September 28th. Stockholders of record on Thursday, August 24th were paid a dividend of GBX 14.50 ($0.19) per share. The ex-dividend date of this dividend was Thursday, August 24th. This represents a dividend yield of 0.79%.

In other news, insider Anthony Nightingale bought 20,000 shares of the stock in a transaction dated Friday, September 29th. The shares were bought at an average price of GBX 1,788 ($23.51) per share, for a total transaction of £357,600 ($470,155.14

Other equities research analysts also recently issued research reports about the company. HSBC Holdings plc reiterated a buy rating and issued a GBX 1,980 ($26.03) price objective on shares of Prudential plc in a report on Tuesday, June 13th. Shore Capital reiterated a buy rating on shares of Prudential plc in a report on Friday, August 11th. UBS AG set a GBX 2,200 ($28.92) price objective on Prudential plc and gave the company a buy rating in a report on Friday, August 11th. Goldman Sachs Group, Inc. (The) set a GBX 2,000 ($26.30) price target on Prudential plc and gave the stock a buy rating in a report on Friday, August 11th. Finally, Morgan Stanley set a GBX 2,084 ($27.40) price target on Prudential plc and gave the stock a buy rating in a report on Tuesday, July 4th. Five analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of GBX 1,954.50 ($25.70).

Prudential plc (LON:PRU) traded down 0.08% on Thursday, reaching GBX 1828.00. The company had a trading volume of 5,931,784 shares. The company’s market capitalization is GBX 47.06 billion. Prudential plc has a 12 month low of GBX 1,290.00 and a 12 month high of GBX 1,889.50. The company’s 50 day moving average price is GBX 1,787.97 and its 200-day moving average price is GBX 1,767.23.

TRADEMARK VIOLATION NOTICE: “Deutsche Bank AG Reaffirms “Buy” Rating for Prudential plc (LON:PRU)” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at https://ledgergazette.com/2017/10/14/prudential-plc-pru-receives-buy-rating-from-deutsche-bank-ag.html.

The company also recently announced a dividend, which was paid on Thursday, September 28th. Stockholders of record on Thursday, August 24th were paid a dividend of GBX 14.50 ($0.19) per share. The ex-dividend date of this dividend was Thursday, August 24th. This represents a dividend yield of 0.79%.

In other news, insider Anthony Nightingale bought 20,000 shares of the stock in a transaction dated Friday, September 29th. The shares were bought at an average price of GBX 1,788 ($23.51) per share, for a total transaction of £357,600 ($470,155.14). In the last quarter, insiders have bought 20,031 shares of company stock worth $35,816,115.

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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