Prudential (LON:PRU) had its target price boosted by Credit Suisse Group from GBX 1,835 ($23.98) to GBX 1,845 ($24.11) in a report issued on Friday. The brokerage presently has an “outperform” rating on the financial services provider’s stock. Credit Suisse Group’s price objective would indicate a potential upside of 15.33% from the company’s current price.
Other analysts have also recently issued research reports about the company. Deutsche Bank reissued a “buy” rating and issued a GBX 1,750 ($22.87) price objective on shares of Prudential in a research report on Thursday. Royal Bank of Canada reissued a “sector performer” rating on shares of Prudential in a research report on Thursday. JPMorgan Chase & Co. set a GBX 1,558 ($20.36) price target on Prudential and gave the stock a “neutral” rating in a research report on Thursday. Barclays reaffirmed an “overweight” rating and set a GBX 2,163 ($28.26) price target on shares of Prudential in a research report on Monday, November 19th. Finally, Shore Capital reaffirmed an “under review” rating on shares of Prudential in a research report on Thursday, January 10th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 2,073.42 ($27.09).
Prudential stock opened at GBX 1,599.75 ($20.90) on Friday. Prudential has a 1-year low of GBX 1,612.14 ($21.07) and a 1-year high of GBX 1,992.50 ($26.04).
Prudential plc, together with 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 and mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.
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