Key Points
- Prudential insider Anil Wadhwani bought 36 shares on Monday, May 11, at GBX 1,139 each, totaling about £410.
- This follows a previous insider purchase by Wadhwani on April 10, when he bought 37 shares at GBX 1,127 each.
- Analysts remain bullish on Prudential, with several recent price-target hikes and an average rating of “Buy” with a target price of GBX 1,379.
Prudential plc (LON:PRU - Get Free Report) insider Anil Wadhwani acquired 36 shares of the business's stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of GBX 1,139 per share, for a total transaction of £410.04.
Anil Wadhwani also recently made the following trade(s):
- On Friday, April 10th, Anil Wadhwani acquired 37 shares of Prudential stock. The stock was bought at an average cost of GBX 1,127 per share, for a total transaction of £416.99.
Prudential Stock Performance
Shares of PRU stock opened at GBX 1,148.56 on Thursday. The stock's 50 day simple moving average is GBX 1,098.10 and its 200 day simple moving average is GBX 1,114.86. Prudential plc has a twelve month low of GBX 810.80 and a twelve month high of GBX 1,238. The company has a market capitalization of £28.75 billion, a price-to-earnings ratio of 7.48, a PEG ratio of 0.40 and a beta of 0.91.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Prudential from GBX 1,355 to GBX 1,440 and gave the company a "buy" rating in a research note on Thursday, March 19th. Citigroup upped their price target on Prudential from GBX 1,122 to GBX 1,425 and gave the stock a "buy" rating in a report on Monday, February 2nd. Finally, JPMorgan Chase & Co. upped their price target on Prudential from GBX 1,450 to GBX 1,480 and gave the stock an "overweight" rating in a report on Wednesday, April 22nd. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Prudential currently has an average rating of "Buy" and an average target price of GBX 1,379.
Get Our Latest Analysis on PRU
Prudential Company Profile
(
Get Free Report)
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.
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