Prudential (LON:PRU) Earns Overweight Rating from JPMorgan Chase & Co.

Prudential (LON:PRU)‘s stock had its “overweight” rating reissued by analysts at JPMorgan Chase & Co. in a research note issued on Monday,Digital Look reports. They currently have a GBX 1,000 ($13.36) price target on the financial services provider’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 15.29% from the stock’s current price.

Separately, Bank of America reissued a “buy” rating and issued a GBX 1,000 ($13.36) price objective on shares of Prudential in a research note on Thursday, March 20th.

Prudential Trading Up 0.1%

PRU stock traded up GBX 1 ($0.01) during trading on Monday, reaching GBX 867.40 ($11.59). 28,086,740 shares of the stock were exchanged, compared to its average volume of 8,304,493. The business has a 50 day moving average price of GBX 797.49 and a 200-day moving average price of GBX 710.60. The firm has a market capitalization of £28.54 billion, a price-to-earnings ratio of 43.33, a P/E/G ratio of 0.40 and a beta of 1.20. Prudential has a 1 year low of GBX 594.80 ($7.94) and a 1 year high of GBX 886 ($11.83). The company has a current ratio of 1.86, a quick ratio of 0.67 and a debt-to-equity ratio of 24.44.

Prudential Company Profile

Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU).