Trading Report: Today: Prudential PLC (PUK) Earns Buy Rating from Morgan Stanley

Today: Prudential PLC (PUK) Earns Buy Rating from Morgan Stanley

Prudential PLC (NYSE:PUK)‘s stock had its “buy” rating reaffirmed by investment analysts at Morgan Stanley in a report issued on Monday.

Several other research analysts have also recently weighed in on PUK. Bank of America Corp. set a $42.40 price target on shares of Prudential PLC and gave the company a “buy” rating in a report on Wednesday, August 10th. Zacks Investment Research upgraded shares of Prudential PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, August 30th. JPMorgan Chase & Co. restated a “sell” rating on shares of Prudential PLC in a research report on Tuesday, September 6th. Societe Generale lowered shares of Prudential PLC from a “hold” rating to a “sell” rating in a research report on Wednesday, October 12th. Finally, Deutsche Bank AG upgraded shares of Prudential PLC from a “hold” rating to a “buy” rating in a research report on Wednesday, November 2nd. Three analysts have rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. Prudential PLC has an average rating of “Hold” and an average price target of $44.63.

Prudential PLC (NYSE:PUK) traded down 1.60% on Monday, reaching $38.09. 130,459 shares of the company traded hands. The stock has a 50-day moving average of $35.36 and a 200 day moving average of $35.96. Prudential PLC has a 52-week low of $29.14 and a 52-week high of $47.30. The company has a market capitalization of $48.90 billion, a PE ratio of 21.62 and a beta of 1.67.

Several hedge funds have recently bought and sold shares of PUK. Northwestern Mutual Wealth Management Co. raised its stake 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 in the last quarter. NEXT Financial Group Inc raised its stake in Prudential PLC by 100.2% in the second quarter. NEXT Financial Group Inc now owns 3,796 shares of the company’s stock valued at $129,000 after buying an additional 1,900 shares in the last quarter. Advisor Group Inc. purchased a new stake in Prudential PLC during the second quarter valued at about $162,000. Boothbay Fund Management LLC purchased a new stake in Prudential PLC during the first quarter valued at about $218,000. Finally, M&T Bank Corp raised its stake in Prudential PLC by 8.9% in the third quarter. M&T Bank Corp now owns 6,650 shares of the company’s stock valued at $237,000 after buying an additional 546 shares in the last quarter. Institutional investors and hedge funds own 1.49% of the company’s stock.

Prudential PLC Company Profile

Related posts

Leave a Comment