Barclays analyst Larissa Van Deventer reiterated a Buy rating on Prudential today and set a price target of p1,220.00. The company’s shares closed yesterday at p1,024.00.
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Van Deventer covers the Financial sector, focusing on stocks such as Prudential, Aviva plc, and Phoenix Group Holdings. According to TipRanks, Van Deventer has an average return of 7.8% and a 56.42% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Prudential with a p1,255.84 average price target, representing a 22.64% upside. In a report released yesterday, UBS also maintained a Buy rating on the stock with a p1,270.00 price target.
PRU market cap is currently £25.76B and has a P/E ratio of 10.13.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PRU in relation to earlier this year.
Read More on GB:PRU:
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- Prudential Executives Acquire Shares, Strengthening Stakeholder Alignment
- Prudential Executes Share Buyback to Optimize Capital Structure
- Prudential plc price target raised to 1,275 GBp from 1,200 GBp at JPMorgan
- Prudential Announces Share Buyback and Cancellation
- Prudential plc Announces Share Repurchase
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