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

JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Prudential (LON:PRU) in a research note issued to investors on Thursday morning, MarketBeat.com reports. The firm currently has a GBX 950 ($12.32) target price on the financial services provider’s stock.

Prudential Trading Up 2.9 %

Shares of PRU stock opened at GBX 796.80 ($10.33) on Thursday. The stock has a market cap of £26.22 billion, a P/E ratio of 39.80, a price-to-earnings-growth ratio of 0.40 and a beta of 1.20. Prudential has a 1 year low of GBX 594.80 ($7.71) and a 1 year high of GBX 850.68 ($11.03). The company has a current ratio of 1.86, a quick ratio of 0.67 and a debt-to-equity ratio of 24.44. The stock has a 50 day simple moving average of GBX 698.63 and a 200 day simple moving average of GBX 666.24.

About Prudential

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).