JPMorgan Chase & Co. Reiterates “Overweight” Rating for Prudential (LON:PRU)

JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Prudential (LON:PRU) in a research note released on Thursday, MarketBeat.com reports. JPMorgan Chase & Co. currently has a GBX 950 ($12.32) price objective on the financial services provider’s stock.

Prudential Stock Up 2.9 %

LON PRU opened at GBX 796.80 ($10.33) on Thursday. The company has a debt-to-equity ratio of 24.44, a current ratio of 1.86 and a quick ratio of 0.67. Prudential has a fifty-two week low of GBX 594.80 ($7.71) and a fifty-two week high of GBX 850.68 ($11.03). The stock has a market capitalization of £26.22 billion, a PE ratio of 39.80, a PEG ratio of 0.40 and a beta of 1.20. The business has a fifty day moving average price of GBX 698.63 and a two-hundred day moving average price of GBX 666.24.

Prudential Company Profile

Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU).