Prudential (LON:PRU) Shares Up 0.2% - What's Next?

Prudential plc (LON:PRU - Get Free Report)'s stock price was up 0.2% during trading on Wednesday . The company traded as high as GBX 679 ($8.61) and last traded at GBX 672.77 ($8.53). Approximately 10,574,615 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 13,307,617 shares. The stock had previously closed at GBX 671.60 ($8.51).

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 1,310 ($16.61) price objective on shares of Prudential in a report on Thursday, September 5th. JPMorgan Chase & Co. decreased their price target on Prudential from GBX 1,330 ($16.86) to GBX 1,150 ($14.58) and set an "overweight" rating on the stock in a research note on Monday, September 2nd.

Prudential Stock Performance

The stock has a market cap of £17.83 billion, a PE ratio of 2,761.67, a P/E/G ratio of 0.40 and a beta of 1.20. The company has a debt-to-equity ratio of 31.72, a current ratio of 1.48 and a quick ratio of 0.67. The stock has a 50-day simple moving average of GBX 657 and a 200-day simple moving average of GBX 681.75.

Prudential Company Profile

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.