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

Posted by Floyd Graber on Apr 5th, 2025

Prudential plc (LON:PRU – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 trading hands.

Analyst Upgrades and Downgrades

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

Get Our Latest Research Report on Prudential

Prudential Stock Down 6.3 %

The company has a market cap of £24.57 billion, a PE ratio of 37.31, a price-to-earnings-growth ratio of 0.40 and a beta of 1.20. The business has a fifty day simple moving average of GBX 738.87 and a two-hundred day simple moving average of GBX 678.73. The company has a current ratio of 1.86, a quick ratio of 0.67 and a debt-to-equity ratio of 24.44.

Prudential Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a yield of 1.58%. This is a positive change from Prudential’s previous dividend of $0.07. Prudential’s payout ratio is 84.92%.

Prudential Company Profile

(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).