Prudential (PRU) Receives a Buy from Barclays

Barclays analyst Larissa Van Deventer maintained a Buy rating on Prudential today and set a price target of £12.60. The company’s shares closed yesterday at p1,071.00.

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Van Deventer covers the Financial sector, focusing on stocks such as Prudential, Legal & General, and Phoenix Group Holdings. According to TipRanks, Van Deventer has an average return of 7.9% and a 57.78% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Prudential with a p1,232.43 average price target.

The company has a one-year high of p1,074.50 and a one-year low of p594.80. Currently, Prudential has an average volume of 5.49M.

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PRU in relation to earlier this year.