Prudential’s (PRU) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Prudential (LON:PRU) in a report issued on Tuesday, MarketBeat.com reports. They currently have a GBX 1,290 ($16.36) price target on the financial services provider’s stock.

PRU has been the topic of several other research reports. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 1,350 ($17.13) price objective on shares of Prudential in a research note on Monday. Barclays reissued an overweight rating and set a GBX 1,390 ($17.63) price objective on shares of Prudential in a research note on Wednesday, May 1st. Finally, Jefferies Financial Group reissued a buy rating and set a GBX 1,800 ($22.83) price objective on shares of Prudential in a research note on Wednesday, March 20th.

Prudential Price Performance

Shares of LON PRU opened at GBX 722 ($9.16) on Tuesday. Prudential has a 1 year low of GBX 684.73 ($8.69) and a 1 year high of GBX 1,123 ($14.25). The company has a debt-to-equity ratio of 31.08, a current ratio of 2.02 and a quick ratio of 0.67. The company’s 50-day moving average is GBX 748.51 and its 200 day moving average is GBX 783.92. The stock has a market capitalization of £19.86 billion, a P/E ratio of 1,473.47, a P/E/G ratio of 0.81 and a beta of 1.26.

Insider Transactions at Prudential

In other news, insider Anil Wadhwani bought 65,016 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were purchased at an average price of GBX 738 ($9.36) per share, for a total transaction of £479,818.08 ($608,674.46). Insiders own 0.29% of the company’s stock.

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.