Prudential (LON:PRU) Shares Pass Above 200 Day Moving Average – What’s Next?

Posted by Tech Dows on Apr 5th, 2025

Prudential plc (LON:PRU – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 677.43 ($8.74) and traded as high as GBX 844.20 ($10.89). Prudential shares last traded at GBX 836.60 ($10.79), with a volume of 3,807,154 shares.

Wall Street Analysts Forecast Growth

PRU has been the subject of a number of analyst reports. Bank of America reissued a “buy” rating and set a GBX 1,000 ($12.90) target price on shares of Prudential in a research note on Thursday, March 20th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 950 ($12.25) target price on shares of Prudential in a report on Thursday, March 20th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 1,188 ($15.33).

Read Our Latest Report on PRU

Prudential Trading Down 6.3 %

The firm has a market capitalization of £24.57 billion, a price-to-earnings ratio of 37.31, a P/E/G ratio of 0.40 and a beta of 1.20. The company has a debt-to-equity ratio of 24.44, a quick ratio of 0.67 and a current ratio of 1.86. The business has a fifty day moving average price of GBX 738.87 and a 200 day moving average price of GBX 678.73.

Prudential Increases Dividend

The firm also recently announced 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 represents a dividend yield of 1.58%. The ex-dividend date is Thursday, March 27th. This is an increase from Prudential’s previous dividend of $0.07. Prudential’s dividend payout ratio (DPR) is currently 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).