Prudential plc (PRU) Given “Buy” Rating at HSBC Holdings plc

HSBC Holdings plc reissued their buy rating on shares of Prudential plc (LON:PRU) in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The brokerage currently has a GBX 1,980 ($25.05) price target on the financial services provider’s stock.

A number of other research firms have also weighed in on PRU. Deutsche Bank AG raised their price target on shares of Prudential plc from GBX 1,775 ($22.45) to GBX 2,000 ($25.30) and gave the company a buy rating in a research report on Tuesday, March 21st. Macquarie reissued an outperform rating and set a GBX 1,877 ($23.74) price target on shares of Prudential plc in a research report on Tuesday, March 21st. Panmure Gordon raised their price target on shares of Prudential plc from GBX 1,850 ($23.40) to GBX 2,061 ($26.07) and gave the company a buy rating in a research report on Monday, March 20th. BNP Paribas reissued an outperform rating and set a GBX 1,880 ($23.78) price target on shares of Prudential plc in a research report on Monday, March 20th. Finally, Goldman Sachs Group, Inc. (The) raised their price target on shares of Prudential plc from GBX 1,775 ($22.45) to GBX 2,000 ($25.30) and gave the company a buy rating in a research report on Monday, May 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of GBX 1,838.63 ($23.26).

Shares of Prudential plc (PRU) opened at 1816.00 on Tuesday. The company’s market capitalization is GBX 46.68 billion. The stock has a 50 day moving average of GBX 1,754.24 and a 200-day moving average of GBX 1,657.98. Prudential plc has a one year low of GBX 1,096.00 and a one year high of GBX 1,819.00.

ILLEGAL ACTIVITY WARNING: This article was originally reported by sleekmoney and is the sole property of of sleekmoney. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://sleekmoney.com/prudential-plc-pru-given-buy-rating-at-hsbc-holdings-plc/1920109.html.

In other news, insider John W. Foley sold 22,807 shares of the business’s stock in a transaction that occurred on Tuesday, April 4th. The shares were sold at an average price of GBX 1,663 ($21.04), for a total value of £379,280.41 ($479,798.12). Also, insider Tony Paul Wilkey sold 147,537 shares of the business’s stock in a transaction that occurred on Monday, April 3rd. The shares were sold at an average price of GBX 1,663 ($21.04), for a total transaction of £2,453,540.31 ($3,103,782.81). In the last three months, insiders bought 31 shares of company stock worth $53,478.

Prudential plc Company Profile

Prudential Public Limited Company (Prudential) is a United Kingdom-based international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations.

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/prudential-plc-pru-given-buy-rating-at-hsbc-holdings-plc/1920109.html

Receive News & Ratings for Prudential plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential plc and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *