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Prudential plc 11.6% Potential Upside Indicated by Goldman Sachs

Prudential plc using EPIC/TICKER code (LON:PRU) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Prudential plc are listed in the Financials sector within UK Main Market. Goldman Sachs have set a target price of 1560 GBX on its stock. This would imply the analyst believes there is now a potential upside of 11.6% from the opening price of 1397.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 77.5 points and decreased 304 points respectively. The 52 week high share price is 1795 GBX while the 52 week low for the stock is 1299.5 GBX.

Prudential plc has a 50 day moving average of 1,447.00 GBX and a 200 Day Moving Average share price is recorded at 1,589.44. There are currently 2,599,906,866 shares in issue with the average daily volume traded being 8,316,236. Market capitalisation for LON:PRU is £35,969,711,491 GBP.