Prudential (LON:PRU) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Posted by ABMN Staff on Apr 3rd, 2025

Shares of Prudential plc (LON:PRU – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 677.43 ($8.80) and traded as high as GBX 844.20 ($10.96). Prudential shares last traded at GBX 836.60 ($10.86), with a volume of 3,807,154 shares trading hands.

Analyst Ratings Changes

Several analysts have commented on PRU shares. Bank of America reiterated a “buy” rating and set a GBX 1,000 ($12.99) target price on shares of Prudential in a research note on Thursday, March 20th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 950 ($12.34) price objective on shares of Prudential in a research report on Thursday, March 20th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,188 ($15.43).

View Our Latest Report on Prudential

Prudential Stock Up 0.3 %

The company has a quick ratio of 0.67, a current ratio of 1.86 and a debt-to-equity ratio of 24.44. The company has a market cap of £27.53 billion, a PE ratio of 41.79, a PEG ratio of 0.40 and a beta of 1.20. The company’s fifty day moving average is GBX 734.21 and its 200-day moving average is GBX 677.43.

Prudential Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 14th. Stockholders of record on Thursday, March 27th will be paid a $0.16 dividend. This is an increase from Prudential’s previous dividend of $0.07. This represents a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, March 27th. Prudential’s dividend payout ratio (DPR) is 84.92%.

About Prudential

(Get Free Report)

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).