Prudential (PRU) Rating Reiterated by Citigroup

Prudential (LON:PRU)‘s stock had its “buy” rating reaffirmed by analysts at Citigroup in a report issued on Thursday.

PRU has been the subject of a number of other research reports. Goldman Sachs set a GBX 2,040 ($28.18) price target on shares of Prudential and gave the stock a “buy” rating in a report on Tuesday, November 21st. Barclays cut their price target on shares of Prudential from GBX 2,169 ($29.97) to GBX 2,161 ($29.86) and set an “overweight” rating for the company in a report on Monday, December 11th. Cfra set a GBX 2,100 ($29.01) price target on shares of Prudential and gave the stock a “buy” rating in a report on Wednesday. Shore Capital restated a “buy” rating on shares of Prudential in a report on Thursday, November 16th. Finally, JPMorgan Chase & Co. set a GBX 1,800 ($24.87) target price on shares of Prudential and gave the company a “neutral” rating in a report on Thursday, January 11th. Five equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 2,082.55 ($28.77).

Shares of Prudential (LON PRU) opened at GBX 1,913.50 ($26.44) on Thursday. The stock has a market cap of $49,510.00 and a P/E ratio of 2,057.53. Prudential has a 1-year low of GBX 1,612.14 ($22.27) and a 1-year high of GBX 1,992.50 ($27.53).

Prudential (LON:PRU) last announced its quarterly earnings results on Wednesday, March 14th. The financial services provider reported GBX 145.20 ($2.01) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of GBX 139 ($1.92) by GBX 6.20 ($0.09). The business had revenue of GBX 4,400.50 billion during the quarter. Prudential had a net margin of 3.50% and a return on equity of 19.94%.

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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.

Analyst Recommendations for Prudential (LON:PRU)

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