Analysts Set Prudential plc (LON:PRU) PT at GBX 1,319.17

Shares of Prudential plc (LON:PRU) have earned a consensus recommendation of “Buy” from the five analysts that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a buy rating. The average 1-year price target among brokers that have covered the stock in the last year is GBX 1,383.

Several brokerages have recently issued reports on PRU. Citigroup raised their price target on Prudential from GBX 1,122 to GBX 1,425 and gave the company a “buy” rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. boosted their price objective on Prudential from GBX 1,325 to GBX 1,500 and gave the stock an “overweight” rating in a research report on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Prudential from GBX 1,355 to GBX 1,440 and gave the company a “buy” rating in a research note on Thursday.

Prudential Stock Performance

Shares of LON:PRU opened at GBX 1,057.50 on Thursday. The company has a market cap of £26.64 billion, a P/E ratio of 8.22, a PEG ratio of 0.40 and a beta of 0.92. Prudential has a one year low of GBX 678.40 and a one year high of GBX 1,238. The business’s 50-day simple moving average is GBX 1,138.54 and its 200 day simple moving average is GBX 1,092.68.

About Prudential

Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts.