UBS set a GBX 2,400 ($33.16) target price on Prudential (LON:PRU) in a report issued on Thursday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the financial services provider’s stock.
A number of other research firms have also commented on PRU. Citigroup set a GBX 2,186 ($30.20) price target on Prudential and gave the stock a buy rating in a report on Friday, January 12th. Credit Suisse Group set a GBX 2,180 ($30.12) price target on Prudential and gave the stock a buy rating in a report on Wednesday, January 17th. JPMorgan Chase & Co. set a GBX 1,800 ($24.87) price target on Prudential and gave the stock a neutral rating in a report on Thursday, January 11th. Cfra set a GBX 2,100 ($29.01) price target on Prudential and gave the stock a buy rating in a report on Wednesday, March 14th. Finally, Barclays reaffirmed an overweight rating on shares of Prudential in a report on Wednesday, January 24th. Five research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of GBX 2,092.16 ($28.91).
PRU stock opened at GBX 1,913.50 ($26.44) on Thursday. Prudential has a twelve month low of GBX 1,612.14 ($22.27) and a twelve month high of GBX 1,992.50 ($27.53). The company has a market capitalization of $49,510.00 and a price-to-earnings ratio of 2,057.53.
Prudential (LON:PRU) last posted its quarterly earnings results on Wednesday, March 14th. The financial services provider reported GBX 145.20 ($2.01) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 139 ($1.92) by GBX 6.20 ($0.09). Prudential had a return on equity of 19.94% and a net margin of 3.50%. The firm had revenue of GBX 4,400.50 billion during the quarter.
The firm also recently disclosed a dividend, which will be paid on Friday, May 18th. Investors of record on Thursday, March 29th will be given a GBX 32.50 ($0.45) dividend. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, March 29th. This is an increase from Prudential’s previous dividend of $14.50.
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.
Receive News & Ratings for Prudential Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential and related companies with MarketBeat.com's FREE daily email newsletter.