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

Prudential (LON:PRU - Get Free Report)'s stock had its "overweight" rating reiterated by analysts at JPMorgan Chase & Co. in a report released on Thursday, MarketBeat reports. They presently have a GBX 950 ($12.28) price target on the financial services provider's stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 15.97% from the stock's current price.

Prudential Trading Up 2.6 %

LON:PRU traded up GBX 21 ($0.27) during trading hours on Thursday, hitting GBX 819.20 ($10.59). The stock had a trading volume of 13,971,556 shares, compared to its average volume of 8,278,970. The business's 50 day moving average is GBX 706.98 and its 200-day moving average is GBX 668.08. The company has a debt-to-equity ratio of 24.44, a quick ratio of 0.67 and a current ratio of 1.86. The company has a market cap of £26.95 billion, a price-to-earnings ratio of 40.92, a P/E/G ratio of 0.40 and a beta of 1.20. Prudential has a one year low of GBX 594.80 ($7.69) and a one year high of GBX 850.68 ($10.99).

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).