Insider Buying: Prudential plc (LON:PRU) Insider Buys 1,000 Shares of Stock

Prudential plc (LON:PRU) insider George David Sartorel purchased 1,000 shares of the firm’s stock in a transaction on Thursday, June 19th. The shares were acquired at an average price of GBX 879 ($12.01) per share, with a total value of £8,790 ($12,009.84).

Prudential Stock Performance

LON PRU opened at GBX 918.20 ($12.55) on Thursday. Prudential plc has a 1 year low of GBX 594.80 ($8.13) and a 1 year high of GBX 923.20 ($12.61). The company has a debt-to-equity ratio of 24.44, a current ratio of 1.86 and a quick ratio of 0.67. The firm has a market cap of £30.21 billion, a price-to-earnings ratio of 45.87, a PEG ratio of 0.40 and a beta of 1.20. The company has a fifty day moving average price of GBX 848.75 and a 200-day moving average price of GBX 751.99.

Wall Street Analysts Forecast Growth

A number of analysts have commented on PRU shares. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,000 ($13.66) price target on shares of Prudential in a research note on Monday, May 19th. Bank of America reiterated a “buy” rating and issued a GBX 1,000 ($13.66) target price on shares of Prudential in a research note on Thursday, March 20th.

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).