Prudential (PRU) Trading 0% Higher

Prudential plc (LON:PRU) traded up 0% during trading on Friday . The company traded as high as GBX 1,842 ($24.79) and last traded at GBX 1,835 ($24.70). 3,565,393 shares changed hands during trading, a decline of 22% from the average session volume of 4,550,000 shares. The stock had previously closed at GBX 1,835 ($24.70).

A number of equities research analysts have recently commented on the company. Goldman Sachs Group set a GBX 2,000 ($26.92) target price on Prudential and gave the stock a “buy” rating in a research note on Friday, August 11th. Shore Capital reiterated a “buy” rating on shares of Prudential in a research note on Friday, August 11th. S&P Global set a GBX 1,900 ($25.57) target price on Prudential and gave the stock a “neutral” rating in a research note on Thursday, August 10th. Morgan Stanley lifted their target price on Prudential from GBX 2,084 ($28.05) to GBX 2,092 ($28.16) and gave the stock an “overweight” rating in a research note on Monday, August 14th. Finally, Barclays restated an “overweight” rating and issued a GBX 2,169 ($29.19) price objective (up from GBX 2,015 ($27.12)) on shares of Prudential in a research note on Thursday, November 30th. Five investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 2,003.72 ($26.97).

In related news, insider David J. A. Law bought 2,162 shares of Prudential stock in a transaction on Friday, December 1st. The stock was acquired at an average price of GBX 1,837 ($24.72) per share, with a total value of £39,715.94 ($53,453.49). Also, insider Anne Richards bought 21,408 shares of Prudential stock in a transaction on Monday, December 4th. The shares were bought at an average cost of GBX 1,833 ($24.67) per share, with a total value of £392,408.64 ($528,140.83). Insiders have acquired a total of 43,590 shares of company stock valued at $79,009,048 in the last ninety days.

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About Prudential

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.

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