Prudential plc (LON:PRU) insider James Turner bought 11 shares of the company’s stock in a transaction dated Monday, July 8th. The stock was bought at an average cost of GBX 1,770 ($23.13) per share, with a total value of £194.70 ($254.41).
Shares of LON PRU opened at GBX 1,724.50 ($22.53) on Friday. The firm has a 50 day simple moving average of GBX 1,660.38. The company has a market cap of $44.83 billion and a price-to-earnings ratio of 14.76. Prudential plc has a 1 year low of GBX 1,325 ($17.31) and a 1 year high of GBX 1,843 ($24.08). The company has a current ratio of 1.17, a quick ratio of 0.14 and a debt-to-equity ratio of 113.46.
A number of research firms have recently commented on PRU. JPMorgan Chase & Co. dropped their target price on shares of from GBX 97 ($1.27) to GBX 89 ($1.16) and set a “neutral” rating for the company in a report on Monday, June 17th. Shore Capital reiterated a “house stock” rating on shares of Global Ports in a report on Thursday, July 4th. Morgan Stanley dropped their price objective on shares of Wells Fargo & Co from $55.00 to $51.00 and set an “equal weight” rating for the company in a report on Monday, April 15th. Barclays raised their price objective on shares of Brown-Forman from $51.00 to $60.00 and gave the company an “equal weight” rating in a report on Monday, June 10th. Finally, Credit Suisse Group dropped their price objective on shares of from GBX 145 ($1.89) to GBX 105 ($1.37) and set a “neutral” rating for the company in a report on Friday, June 21st. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 2,061 ($26.93).
Prudential plc, through its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The company offers health and protection, as well as other life insurance products, including participating business; mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.
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