Prudential (LON:PRU – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, LSE.Co.UK reports. They currently have a GBX 1,310 ($17.23) target price on the financial services provider’s stock. Jefferies Financial Group’s target price points to a potential upside of 106.82% from the stock’s previous close.
A number of other brokerages also recently commented on PRU. JPMorgan Chase & Co. decreased their target price on Prudential from GBX 1,330 ($17.49) to GBX 1,150 ($15.12) and set an “overweight” rating for the company in a research note on Monday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,290 ($16.96) price objective on shares of Prudential in a research report on Tuesday, June 25th.
Check Out Our Latest Report on Prudential
Prudential Stock Performance
Insiders Place Their Bets
In related news, insider Amy Yip bought 4,222 shares of the firm’s stock in a transaction on Tuesday, July 2nd. The stock was bought at an average price of GBX 710 ($9.34) per share, with a total value of £29,976.20 ($39,416.44). In other news, insider Amy Yip acquired 4,222 shares of the firm’s stock in a transaction dated Tuesday, July 2nd. The shares were bought at an average price of GBX 710 ($9.34) per share, with a total value of £29,976.20 ($39,416.44). Also, insider George David Sartorel acquired 8,000 shares of the company’s stock in a transaction dated Thursday, July 4th. The stock was acquired at an average price of GBX 725 ($9.53) per share, with a total value of £58,000 ($76,265.61). 0.29% of the stock is currently owned by insiders.
Prudential Company Profile
Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.
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