Prudential plc (PRU) Given a GBX 1,790 Price Target at Societe Generale

Societe Generale set a GBX 1,790 ($23.12) price objective on Prudential plc (LON:PRU) in a research report sent to investors on Wednesday morning. The brokerage currently has a neutral rating on the financial services provider’s stock.

Several other equities analysts have also recently issued reports on the company. Goldman Sachs Group, Inc. (The) boosted their target price on Prudential plc from GBX 2,000 ($25.83) to GBX 2,040 ($26.35) and gave the company a buy rating in a research note on Tuesday, September 12th. Barclays PLC boosted their target price on Prudential plc from GBX 1,949 ($25.17) to GBX 2,015 ($26.02) and gave the company an overweight rating in a research note on Monday, September 11th. Deutsche Bank AG reissued a buy rating on shares of Prudential plc in a research note on Monday, September 4th. Berenberg Bank boosted their target price on Prudential plc from GBX 2,200 ($28.41) to GBX 2,400 ($31.00) and gave the company a buy rating in a research note on Thursday, August 31st. Finally, Credit Suisse Group set a GBX 2,075 ($26.80) target price on Prudential plc and gave the company a buy rating in a research note on Friday, August 18th. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of GBX 1,954.50 ($25.24).

Shares of Prudential plc (PRU) opened at 1741.00 on Wednesday. Prudential plc has a 52-week low of GBX 1,290.00 and a 52-week high of GBX 1,889.50. The firm’s market cap is GBX 44.82 billion. The firm’s 50-day moving average is GBX 1,812.00 and its 200-day moving average is GBX 1,752.98.

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The firm also recently declared a dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, August 24th will be issued a dividend of GBX 14.50 ($0.19) per share. This represents a dividend yield of 0.79%. The ex-dividend date is Thursday, August 24th.

In other Prudential plc news, insider Lord J. Adair Turner purchased 1,000 shares of the stock in a transaction dated Wednesday, June 28th. The shares were purchased at an average cost of GBX 1,802 ($23.27) per share, with a total value of £18,020 ($23,272.63). Over the last ninety days, insiders have bought 1,031 shares of company stock worth $1,857,855.

About Prudential plc

Prudential Public Limited Company is an international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.

Analyst Recommendations for Prudential plc (LON:PRU)

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