Prudential’s (PRU) Outperform Rating Reaffirmed at Credit Suisse Group

Credit Suisse Group restated their outperform rating on shares of Prudential (LON:PRU) in a research report sent to investors on Thursday.

PRU has been the subject of several other reports. UBS Group restated a top pick rating and set a GBX 2,100 ($27.44) target price on shares of Prudential in a research report on Wednesday, October 24th. Shore Capital reaffirmed an under review rating on shares of Prudential in a research note on Monday, September 17th. Barclays dropped their price target on Prudential from GBX 2,144 ($28.02) to GBX 2,076 ($27.13) and set an overweight rating for the company in a research note on Wednesday, July 18th. Berenberg Bank lifted their price target on Prudential from GBX 2,400 ($31.36) to GBX 2,600 ($33.97) and gave the stock a buy rating in a research note on Thursday, August 30th. Finally, Morgan Stanley reaffirmed an overweight rating on shares of Prudential in a research note on Tuesday, October 23rd. Three research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Prudential presently has a consensus rating of Buy and an average price target of GBX 2,195.47 ($28.69).

Prudential stock opened at GBX 1,557.50 ($20.35) on Thursday. Prudential has a 52 week low of GBX 1,612.14 ($21.07) and a 52 week high of GBX 1,992.50 ($26.04).

In other Prudential news, insider James Turner sold 1,473 shares of Prudential stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of GBX 1,748 ($22.84), for a total transaction of £25,748.04 ($33,644.37). In the last ninety days, insiders have acquired 35 shares of company stock valued at $57,904.

About Prudential

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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Analyst Recommendations for Prudential (LON:PRU)

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