Prudential plc (LON:PRU) Insider Acquires £29,976.20 in Stock

Prudential plc (LON:PRU) insider Amy Yip acquired 4,222 shares of Prudential stock in a transaction dated Tuesday, July 2nd. The shares were bought at an average price of GBX 710 ($8.98) per share, for a total transaction of £29,976.20 ($37,915.76).

Prudential Price Performance

PRU stock opened at GBX 723.60 ($9.15) on Thursday. Prudential plc has a 52 week low of GBX 684.73 ($8.66) and a 52 week high of GBX 1,102.50 ($13.95). The firm has a market capitalization of £19.90 billion, a P/E ratio of 1,470.20, a price-to-earnings-growth ratio of 0.81 and a beta of 1.26. The company has a fifty day simple moving average of GBX 746.97 and a two-hundred day simple moving average of GBX 778.61. The company has a quick ratio of 0.67, a current ratio of 2.02 and a debt-to-equity ratio of 31.08.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on PRU shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,350 ($17.08) target price on shares of Prudential in a research note on Monday, June 24th. Barclays restated an “overweight” rating and set a GBX 1,390 ($17.58) price objective on shares of Prudential in a research report on Wednesday, May 1st. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,800 ($22.77) target price on shares of Prudential in a research report on Wednesday, March 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,290 ($16.32) price target on shares of Prudential in a report on Tuesday, June 25th.

About Prudential

Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.