Prudential Public (NYSE:PUK) Sets New 12-Month High – Should You Buy?

Prudential Public Limited Company (NYSE:PUK) hit a new 52-week high during trading on Tuesday . The stock traded as high as $33.06 and last traded at $32.6360, with a volume of 102437 shares traded. The stock had previously closed at $32.15.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Prudential Public in a report on Wednesday, October 29th. Weiss Ratings restated a “hold (c+)” rating on shares of Prudential Public in a research report on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Prudential Public in a research note on Wednesday, January 7th. They issued a “buy” rating on the stock. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Prudential Public has a consensus rating of “Moderate Buy”.

Prudential Public Price Performance

The stock has a fifty day moving average of $30.41 and a two-hundred day moving average of $28.14.

Institutional Trading of Prudential Public

A number of institutional investors and hedge funds have recently bought and sold shares of PUK. Bessemer Group Inc. raised its holdings in Prudential Public by 59.9% in the third quarter. Bessemer Group Inc. now owns 1,012 shares of the financial services provider’s stock valued at $28,000 after buying an additional 379 shares during the period. Westside Investment Management Inc. grew its stake in Prudential Public by 70.7% during the third quarter. Westside Investment Management Inc. now owns 1,070 shares of the financial services provider’s stock worth $30,000 after buying an additional 443 shares during the period. Assetmark Inc. increased its position in shares of Prudential Public by 448.0% in the third quarter. Assetmark Inc. now owns 1,633 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 1,335 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Prudential Public by 626.8% in the 3rd quarter. Larson Financial Group LLC now owns 1,657 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 1,429 shares during the period. Finally, MAI Capital Management lifted its holdings in shares of Prudential Public by 90.6% during the 2nd quarter. MAI Capital Management now owns 2,573 shares of the financial services provider’s stock valued at $64,000 after acquiring an additional 1,223 shares in the last quarter. Institutional investors and hedge funds own 1.90% of the company’s stock.

Prudential Public Company Profile

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.