Prudential Public Limited (PUK) Receives Average Rating of “Hold” from Analysts

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Prudential Public Limited (NYSE:PUK) has been given a consensus recommendation of “Hold” by the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company.

A number of brokerages have commented on PUK. ValuEngine downgraded shares of Prudential Public from a “hold” rating to a “sell” rating in a research note on Monday, January 7th. Zacks Investment Research downgraded shares of Prudential Public from a “hold” rating to a “sell” rating in a research note on Friday, October 26th. Societe Generale downgraded shares of Prudential Public from a “hold” rating to a “sell” rating in a research note on Tuesday, January 8th. Finally, Evercore ISI raised shares of Prudential Public from an “in-line” rating to an “outperform” rating in a research note on Wednesday, January 9th.

Hedge funds have recently modified their holdings of the business. Whittier Trust Co. raised its stake in Prudential Public by 68.7% during the fourth quarter. Whittier Trust Co. now owns 1,044 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 425 shares during the period. We Are One Seven LLC purchased a new position in Prudential Public during the fourth quarter worth about $37,000. CNB Bank purchased a new position in Prudential Public during the fourth quarter worth about $39,000. Moody National Bank Trust Division purchased a new position in Prudential Public during the fourth quarter worth about $43,000. Finally, Lindbrook Capital LLC purchased a new position in Prudential Public during the fourth quarter worth about $68,000. 1.61% of the stock is currently owned by institutional investors.

Shares of NYSE:PUK traded down $0.97 during midday trading on Monday, hitting $38.75. The company’s stock had a trading volume of 653,928 shares, compared to its average volume of 345,104. The company has a market cap of $50.22 billion, a P/E ratio of 10.36, a P/E/G ratio of 1.10 and a beta of 1.36. Prudential Public has a 12-month low of $33.31 and a 12-month high of $54.70.

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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Analyst Recommendations for Prudential Public (NYSE:PUK)

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