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FBR & Co covered Prudential Financial Inc (NYSE:PRU), bumping up its stock price target to $86.00 today

Only yesterday Prudential Financial Inc (NYSE:PRU) traded 0.09% higher at $84.51. The company’s 50-day moving average is $81.09 and its 200-day moving average is $76.73. With the last close up 10.14% relative to the two hundred day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 2,121,289 shares of PRU changing hands under the typical 2,372,680

Prudential Financial Inc (NYSE:PRU) had its price target upped to $86.00 by FBR & Co in an issued report announced 10/18/2016. The bumped up target suggests a potential upside of 0.02% from the company's last stock close price.

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Prudential Financial Inc (NYSE:PRU)

Prudential Financial Inc has a 52 week low of $57.19 and a one year high of $88.77 with a PE ratio of 8.68 Prudential Financial Inc’s market capitalization is presently $0.

A total of 16 analysts have released a research note on the stock. 5 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 7 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $84.88.

Brief Synopsis On Prudential Financial Inc (NYSE:PRU)

Prudential Financial, Inc. is a financial services company. The Company, through its subsidiaries and affiliates, provides a range of financial products and services, including life insurance, annuities and investment management. The Company's divisions include U.S. Retirement Solutions and Investment Management Division; U.S. Individual Life and Group Insurance Division, and International Insurance Division. The U.S. Retirement Solutions and Investment Management division consists of its Individual Annuities, Retirement and Asset Management segments. The U.S. Individual Life and Group Insurance division conducts its business through the Individual Life and Group Insurance segments. The International Insurance division conducts its business through the International Insurance segment. The Company also has corporate and other operations, which include corporate items and initiatives that are not allocated to its business segments and divested businesses.

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