Prudential Public (NYSE:PUK) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a report issued on Tuesday.

Other analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of Prudential Public from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd. Evercore ISI initiated coverage on shares of Prudential Public in a report on Tuesday, July 10th. They issued an “in-line” rating on the stock. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. Prudential Public currently has a consensus rating of “Hold” and a consensus target price of $57.00.

PUK traded down $0.58 during trading on Tuesday, hitting $44.39. The company had a trading volume of 310,700 shares, compared to its average volume of 187,978. The stock has a market capitalization of $58.28 billion, a PE ratio of 11.87, a P/E/G ratio of 1.24 and a beta of 1.49. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.02 and a quick ratio of 0.03. Prudential Public has a 1-year low of $43.12 and a 1-year high of $55.36.

Institutional investors and hedge funds have recently bought and sold shares of the stock. US Bancorp DE raised its holdings in shares of Prudential Public by 7.0% during the first quarter. US Bancorp DE now owns 15,417 shares of the financial services provider’s stock worth $789,000 after purchasing an additional 1,007 shares during the period. Eagle Asset Management Inc. raised its holdings in shares of Prudential Public by 13.4% during the first quarter. Eagle Asset Management Inc. now owns 8,910 shares of the financial services provider’s stock worth $455,000 after purchasing an additional 1,052 shares during the period. Hansberger Growth Investors LP raised its holdings in shares of Prudential Public by 1.6% during the second quarter. Hansberger Growth Investors LP now owns 73,233 shares of the financial services provider’s stock worth $3,347,000 after purchasing an additional 1,130 shares during the period. Wetherby Asset Management Inc. raised its holdings in shares of Prudential Public by 7.1% during the first quarter. Wetherby Asset Management Inc. now owns 21,580 shares of the financial services provider’s stock worth $1,104,000 after purchasing an additional 1,424 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of Prudential Public by 18.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 9,437 shares of the financial services provider’s stock worth $431,000 after purchasing an additional 1,500 shares during the period. 1.65% of the stock is currently owned by hedge funds and other institutional investors.

About Prudential Public

Prudential plc, together with its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The company offers health and protection, as well as other life insurance products, including participating business and mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.

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