Prudential (LON:PRU – Get Rating) received a GBX 1,450 ($17.25) price objective from equities research analysts at JPMorgan Chase & Co. in a report issued on Thursday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target indicates a potential upside of 48.57% from the stock’s current price.
Other equities research analysts have also issued reports about the company. Credit Suisse Group set a GBX 1,550 ($18.43) price objective on Prudential in a research note on Wednesday, March 30th. UBS Group set a GBX 1,685 ($20.04) target price on shares of Prudential in a research note on Friday, May 27th. Jefferies Financial Group set a GBX 1,600 ($19.03) price objective on shares of Prudential in a research report on Tuesday, July 5th. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential in a research report on Wednesday, May 11th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Prudential from GBX 1,550 ($18.43) to GBX 1,475 ($17.54) and set a “buy” rating on the stock in a research note on Wednesday, April 20th. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Prudential has a consensus rating of “Buy” and an average price target of GBX 1,678.64 ($19.96).
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Shares of PRU opened at GBX 976 ($11.61) on Thursday. Prudential has a fifty-two week low of GBX 881 ($10.48) and a fifty-two week high of GBX 1,566 ($18.63). The stock has a market cap of £26.83 billion and a PE ratio of 1,397.14. The firm’s 50-day simple moving average is GBX 991.67 and its two-hundred day simple moving average is GBX 1,098.36. The company has a debt-to-equity ratio of 41.77, a quick ratio of 0.61 and a current ratio of 1.38.
Prudential Company Profile (Get Rating)
Prudential plc, through its subsidiaries, provides life and health insurance, and retirement and asset management solutions to individuals in Asia, and Africa. It offers health and protection, as well as savings products, such as participating, linked, and other traditional products. The company also provides insurance against common critical illnesses, including cancer, stroke, and heart attack; and tropical disease protection, such as dengue, malaria, and measles.
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