Prudential Public (NYSE:PUK) Shares Gap Up – Still a Buy?

Prudential Public Limited Company (NYSE:PUK)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $28.88, but opened at $30.07. Prudential Public shares last traded at $29.8750, with a volume of 488,685 shares traded.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Jefferies Financial Group lowered Prudential Public from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Prudential Public in a research note on Monday, July 6th. Zacks Research lowered Prudential Public from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Finally, Morgan Stanley restated an “overweight” rating on shares of Prudential Public in a research note on Friday, May 15th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Prudential Public presently has a consensus rating of “Moderate Buy”.

Prudential Public Price Performance

The business has a fifty day moving average price of $28.05 and a 200-day moving average price of $29.77. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.21.

Institutional Trading of Prudential Public

Several institutional investors have recently added to or reduced their stakes in PUK. EverSource Wealth Advisors LLC raised its stake in Prudential Public by 5.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,406 shares of the financial services provider’s stock valued at $199,000 after purchasing an additional 359 shares in the last quarter. United Capital Financial Advisors LLC grew its stake in Prudential Public by 2.8% during the third quarter. United Capital Financial Advisors LLC now owns 16,966 shares of the financial services provider’s stock worth $475,000 after buying an additional 469 shares in the last quarter. Allworth Financial LP grew its stake in Prudential Public by 47.0% during the fourth quarter. Allworth Financial LP now owns 1,502 shares of the financial services provider’s stock worth $47,000 after buying an additional 480 shares in the last quarter. ICONIQ Capital LLC increased its holdings in Prudential Public by 3.9% in the 2nd quarter. ICONIQ Capital LLC now owns 14,098 shares of the financial services provider’s stock valued at $353,000 after buying an additional 531 shares during the period. Finally, M&T Bank Corp increased its holdings in Prudential Public by 6.2% in the 4th quarter. M&T Bank Corp now owns 10,081 shares of the financial services provider’s stock valued at $314,000 after buying an additional 593 shares during the period. 1.90% of the stock is currently owned by institutional investors.

About Prudential Public

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.