Prudential plc (LON:PRU - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 843.40 ($10.91) and last traded at GBX 838.20 ($10.84), with a volume of 1221769000 shares changing hands. The stock had previously closed at GBX 827 ($10.69).
Analysts Set New Price Targets
PRU has been the subject of a number of analyst reports. Bank of America restated a "buy" rating and set a GBX 1,000 ($12.93) price objective on shares of Prudential in a research note on Thursday, March 20th. JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 950 ($12.28) target price on shares of Prudential in a research report on Thursday, March 20th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of GBX 1,188 ($15.36).
Check Out Our Latest Report on PRU
Prudential Trading Down 0.3 %
The stock has a market cap of £27.38 billion, a PE ratio of 41.57, a price-to-earnings-growth ratio of 0.40 and a beta of 1.20. 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 50 day moving average of GBX 723.67 and a two-hundred day moving average of GBX 673.01.
Prudential Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.16 per share. The ex-dividend date is Thursday, March 27th. This is a boost from Prudential's previous dividend of $0.07. This represents a yield of 1.58%. Prudential's dividend payout ratio is currently 84.92%.
Prudential Company Profile
(
Get Free Report)
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).
Recommended Stories
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
