Prudential PLC (NYSE:PUK) has earned a consensus rating of “Buy” from the ten analysts that are currently covering the firm. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $44.63.

Several analysts recently issued reports on PUK shares. Zacks Investment Research raised Prudential PLC from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Tuesday, September 13th. Bank of America Corp. set a $42.40 target price on Prudential PLC and gave the stock a “buy” rating in a research note on Wednesday, August 10th. Societe Generale cut Prudential PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, May 31st. Finally, JPMorgan Chase & Co. reissued a “sell” rating on shares of Prudential PLC in a research note on Tuesday, September 6th.

Several institutional investors have recently added to or reduced their stakes in PUK. Northwestern Mutual Wealth Management Co. raised its position in Prudential PLC by 2.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,391 shares of the company’s stock valued at $115,000 after buying an additional 68 shares during the last quarter. Stifel Financial Corp raised its position in Prudential PLC by 106.6% in the second quarter. Stifel Financial Corp now owns 27,930 shares of the company’s stock valued at $951,000 after buying an additional 14,412 shares during the last quarter. Fiera Capital Corp acquired a new position in Prudential PLC during the second quarter valued at about $1,824,000. Jane Street Group LLC raised its position in Prudential PLC by 42.0% in the second quarter. Jane Street Group LLC now owns 845,136 shares of the company’s stock valued at $28,743,000 after buying an additional 250,059 shares during the last quarter. Finally, Capital Guardian Trust Co. raised its position in Prudential PLC by 0.7% in the second quarter. Capital Guardian Trust Co. now owns 578,490 shares of the company’s stock valued at $19,674,000 after buying an additional 4,104 shares during the last quarter. Hedge funds and other institutional investors own 1.44% of the company’s stock.

Shares of Prudential PLC (NYSE:PUK) opened at 35.46 on Tuesday. The stock has a 50 day moving average price of $36.25 and a 200 day moving average price of $36.96. Prudential PLC has a 52 week low of $29.14 and a 52 week high of $48.54. The stock has a market capitalization of $45.53 billion, a P/E ratio of 18.58 and a beta of 1.73.

The firm also recently announced a dividend, which will be paid on Thursday, October 6th. Stockholders of record on Friday, August 26th will be issued a dividend of $0.335 per share. The ex-dividend date of this dividend is Wednesday, August 24th.

Prudential PLC Company Profile

Prudential PLC (Prudential) is an international financial services group with operations in Asia, the United States and the United Kingdom. The Company provides insurance and financial services directly and through its subsidiaries and affiliates across the world. Its operating segments include Insurance operations and Asset management operations.

5 Day Chart for NYSE:PUK

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