Key Points
- Prudential insider Anil Wadhwani purchased 42 shares at GBX 990 each, for a total investment of £415.80.
- Prudential shares opened at GBX 976.80, with a 52-week range of GBX 910.20 to GBX 1,238 and a market capitalization of approximately £24.03 billion.
- Analysts remain positive, with a consensus “Buy” rating and an average price target of GBX 1,453, implying potential upside from the current share price.
Prudential plc (LON:PRU - Get Free Report) insider Anil Wadhwani purchased 42 shares of the firm's stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average price of GBX 990 per share, with a total value of £415.80.
Prudential Price Performance
Shares of LON PRU opened at GBX 976.80 on Tuesday. Prudential plc has a 1 year low of GBX 910.20 and a 1 year high of GBX 1,238. The stock has a market cap of £24.03 billion, a P/E ratio of 6.87, a price-to-earnings-growth ratio of 0.40 and a beta of 0.89. The firm has a 50-day moving average of GBX 1,041.90 and a 200 day moving average of GBX 1,064.39.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on PRU shares. Jefferies Financial Group reissued a "buy" rating and issued a GBX 1,500 price target on shares of Prudential in a research report on Friday, August 28th. Citigroup dropped their target price on Prudential from GBX 1,425 to GBX 1,400 and set a "buy" rating on the stock in a report on Friday, September 4th. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 1,445 target price on shares of Prudential in a research note on Thursday, September 3rd. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 1,453.
Read Our Latest Report on Prudential
About Prudential
(
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.
Further Reading
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