Prudential plc 49.3% Potential Upside Indicated by HSBC

Broker Ratings

Prudential plc using EPIC/TICKER code (LON:PRU) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Prudential plc are listed in the Financials sector within UK Main Market. HSBC have set a target price of 2240 GBX on its stock. This would imply the analyst believes there is now a potential upside of 49.3% from the opening price of 1500 GBX. Over the last 30 and 90 trading days the company share price has increased 132 points and increased 16.5 points respectively. The 1 year high for the share price is 1964.5 GBX while the year low share price is currently 1324.99 GBX.

Prudential plc has a 50 day moving average of 1,485.61 GBX and a 200 Day Moving Average share price is recorded at 1,701.64. There are currently 2,593,044,409 shares in issue with the average daily volume traded being 5,832,818. Market capitalisation for LON:PRU is £38,791,944,358 GBP.

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