Prudential (LON:PRU) Price Target Lowered to GBX 1,450 at JPMorgan Chase & Co.

Prudential (LON:PRU) had its price target reduced by JPMorgan Chase & Co. from GBX 1,500 to GBX 1,450 in a research note published on Thursday, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the financial services provider’s stock.

Other research analysts also recently issued reports about the company. Citigroup lifted their price target on Prudential from GBX 1,122 to GBX 1,425 and gave the company a “buy” rating in a report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on Prudential from GBX 1,355 to GBX 1,440 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 1,373.

Prudential Stock Up 0.4%

Shares of LON:PRU opened at GBX 1,062 on Thursday. The firm has a 50 day moving average of GBX 1,130.26 and a 200 day moving average of GBX 1,094.52. The company has a market capitalization of £26.75 billion, a price-to-earnings ratio of 8.25, a price-to-earnings-growth ratio of 0.40 and a beta of 0.92. Prudential has a 52 week low of GBX 678.40 and a 52 week high of GBX 1,238.

Prudential Company Profile

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.