Key Points
- Prudential insider Douglas Flint bought 11,000 shares at GBX 922 each, for a total of £101,420.
- Analysts remain positive: five rate the stock a Buy, with a consensus target price of GBX 1,464; Berenberg and Jefferies set targets of GBX 1,500.
- Prudential shares opened at GBX 922.60, below their 50-day and 200-day moving averages of GBX 942.05 and GBX 1,049.37, respectively.
Prudential plc (LON:PRU - Get Free Report) insider Douglas Flint purchased 11,000 shares of the company's stock in a transaction on Friday, November 6th. The stock was acquired at an average price of GBX 922 per share, with a total value of £101,420.
Prudential Stock Performance
Shares of Prudential stock opened at GBX 922.60 on Friday. The company has a market capitalization of £22.57 billion, a P/E ratio of 6.49, a PEG ratio of 0.40 and a beta of 0.91. The company's fifty day moving average is GBX 942.05 and its two-hundred day moving average is GBX 1,049.37. Prudential plc has a 1 year low of GBX 867.40 and a 1 year high of GBX 1,238.
Analyst Ratings Changes
PRU has been the subject of several analyst reports. Berenberg Bank reissued a "buy" rating and set a GBX 1,500 price target on shares of Prudential in a report on Thursday. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 1,500 target price on shares of Prudential in a research note on Thursday, October 29th. Finally, Citigroup decreased their price objective on shares of Prudential from GBX 1,425 to GBX 1,400 and set a "buy" rating on the stock in a research note on Friday, September 4th. Five research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of GBX 1,464.
Get Our Latest Stock Report on Prudential
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
