Prudential (LON:PRU) Insider Douglas Flint Purchases 12,500 Shares

Prudential plc (LON:PRU) insider Douglas Flint bought 12,500 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were purchased at an average price of GBX 959 per share, for a total transaction of £119,875.

Prudential Stock Performance

PRU opened at GBX 1,010 on Tuesday. The business’s 50-day simple moving average is GBX 1,093.39 and its 200-day simple moving average is GBX 1,114.66. Prudential plc has a one year low of GBX 875.20 and a one year high of GBX 1,238. The stock has a market capitalization of £25.30 billion, a P/E ratio of 6.58, a price-to-earnings-growth ratio of 0.40 and a beta of 0.91.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft lifted their target price on Prudential from GBX 1,355 to GBX 1,440 and gave the stock a “buy” rating in a research report on Thursday, March 19th. JPMorgan Chase & Co. increased their price target on shares of Prudential from GBX 1,450 to GBX 1,480 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price 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.