Panmure Gordon announced Prudential PLC (LON:PRU), dropping its stock price target to 1,545.00GBX today
- Updated: September 18, 2016
Indicating a possible upside of 0.19%, Panmure Gordon dropped the target stock price of Prudential PLC (LON:PRU) to 1,545GBX.
On 7/26/2016, JP Morgan Cazenove released a statement on Prudential PLC(LON:PRU) bumped the target price at 1,252.00GBX. At the time, this indicated a possible downside of -0.06%.
Boasting a price of 1,297.00GBX, Prudential PLC (LON:PRU) traded 1.10% lower on the day. With the last close down 1.38% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. The company has logged a 50-day moving average of 1,375.69GBX and two hundred day moving average of 1,330.44GBX. Trade volume was was up over the average, with 9,203,772 shares of PRU changing hands over the typical 5,867,970 shares.
See Graphic Below:
Prudential PLC has a P/E of 19 with a one-year low of 1,045.99GBX and a one-year high of 1,578.50GBX and has a total market value of 0.0 GBX.
Also covering Prudential PLC’s stock price target, a total of 19 equity analysts have issued a ratings update on the stock. The average target stock price is 1,562.95GBX with four firms rating the stock a strong buy, 13 analysts rating the stock a buy, five firms rating the stock a hold, 0 rating the stock to underperform, and lastly 0 firmsrating the company as sell.
Brief Synopsis About Prudential PLC (LON:PRU)
Prudential Public Limited Company is an international financial services company. The Company has operations in Asia, the United States and the United Kingdom. Its segments include Insurance operations, including Asia, the United States (Jackson National Life Insurance Company (Jackson)) and the United Kingdom, and Asset management operations, including Eastspring Investments, the United States broker-dealer and asset management, M&G and Prudential Capital. Prudential Corporation Asia’s business is health, protection, either attached to a life policy or on standalone basis, other life insurance and mutual funds. M&G manages the investments of individuals, institutions and the United Kingdom policyholders of Prudential funds. The Prudential UK & Europe business unit provides long-term products, including life insurance, and pension products and pension annuities. Jackson provides retirement income and savings solutions in the mass and mass-affluent segments of the United States market.
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