Shares of Prudential plc (LON:PRU - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 712.93 ($9.54) and traded as high as GBX 716.60 ($9.59). Prudential shares last traded at GBX 703.20 ($9.41), with a volume of 19,239,449 shares.
Analyst Ratings Changes
Several research analysts have recently issued reports on PRU shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 1,290 ($17.26) target price on shares of Prudential in a report on Tuesday, June 25th. JPMorgan Chase & Co. decreased their price objective on shares of Prudential from GBX 1,330 ($17.79) to GBX 1,150 ($15.38) and set an "overweight" rating for the company in a research note on Monday, September 2nd. Finally, Jefferies Financial Group reiterated a "buy" rating and set a GBX 1,310 ($17.52) target price on shares of Prudential in a research report on Thursday, September 5th.
Read Our Latest Analysis on Prudential
Prudential Stock Performance
The company has a current ratio of 1.48, a quick ratio of 0.67 and a debt-to-equity ratio of 31.72. The stock has a market cap of £19.07 billion, a price-to-earnings ratio of 2,954.17, a PEG ratio of 0.42 and a beta of 1.20. The stock's 50 day moving average is GBX 656.01 and its two-hundred day moving average is GBX 712.91.
Prudential Cuts Dividend
The business also recently declared a dividend, which will be paid on Wednesday, October 23rd. Investors of record on Thursday, September 5th will be issued a dividend of $0.07 per share. This represents a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, September 5th. Prudential's dividend payout ratio is currently 7,083.33%.
Prudential Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Prudential, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Prudential wasn't on the list.
While Prudential currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
