Anil Wadhwani Buys 36 Shares of Prudential (LON:PRU) Stock

Prudential plc (LON:PRU) insider Anil Wadhwani purchased 36 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of GBX 1,139 per share, with a total value of £410.04.

Anil Wadhwani also recently made the following trade(s):

• On Friday, April 10th, Anil Wadhwani acquired 37 shares of Prudential stock. The stock was bought at an average cost of GBX 1,127 per share, with a total value of £416.99.

Prudential Stock Performance

Shares of PRU opened at GBX 1,142 on Wednesday. Prudential plc has a 52-week low of GBX 810.80 and a 52-week high of GBX 1,238. The business’s fifty day moving average is GBX 1,097.46 and its 200-day moving average is GBX 1,113.96. The firm has a market cap of £28.59 billion, a price-to-earnings ratio of 7.44, a PEG ratio of 0.40 and a beta of 0.91.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on PRU shares. Citigroup lifted their target price on shares of Prudential from GBX 1,122 to GBX 1,425 and gave the stock a “buy” rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. lifted their target price on shares of Prudential from GBX 1,450 to GBX 1,480 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Prudential from GBX 1,355 to GBX 1,440 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 1,379.

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). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts.