Insider Buying: Prudential plc (LON:PRU) Insider Purchases 4,222 Shares of Stock

Prudential plc (LON:PRU) insider Amy Yip bought 4,222 shares of Prudential stock in a transaction that occurred on Tuesday, July 2nd. The shares were acquired at an average price of GBX 710 ($8.98) per share, with a total value of £29,976.20 ($37,915.76).

Prudential Stock Performance

LON:PRU opened at GBX 723.60 ($9.15) on Thursday. The company has a market capitalization of £19.90 billion, a price-to-earnings ratio of 1,470.20, a PEG ratio of 0.81 and a beta of 1.26. The business has a 50 day moving average of GBX 746.97 and a 200 day moving average of GBX 778.61. The company has a debt-to-equity ratio of 31.08, a current ratio of 2.02 and a quick ratio of 0.67. Prudential plc has a 1-year low of GBX 684.73 ($8.66) and a 1-year high of GBX 1,102.50 ($13.95).

Analyst Ratings Changes

Several brokerages have recently commented on PRU. Barclays reissued an “overweight” rating and set a GBX 1,390 ($17.58) price objective on shares of Prudential in a report on Wednesday, May 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,290 ($16.32) price target on shares of Prudential in a research note on Tuesday, June 25th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,350 ($17.08) price target on shares of Prudential in a report on Monday, June 24th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,800 ($22.77) price objective on shares of Prudential in a report on Wednesday, March 20th.

About Prudential

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.