Prudential Public Limited Company (NYSE:PUK) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Prudential Public has a “Moderate Buy” consensus rating from seven analysts: four recommend buying the stock, while three rate it a hold. Recent downgrades from Zacks Research and Jefferies were offset by Morgan Stanley’s “overweight” rating.
• Institutional investors have increased their positions, including Bank of America, Gradient Investments and Trust Point. Hedge funds and other institutions collectively own 1.90% of the company.
• PUK shares opened at $27.72, near the 50-day moving average of $27.77 and below the 200-day average of $29.46. The stock’s 52-week range is $24.61 to $34.03.

Shares of Prudential Public Limited Company (NYSE:PUK - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven ratings firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several equities research analysts have weighed in on the stock. Weiss Ratings restated 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, July 21st. Morgan Stanley reissued an "overweight" rating on shares of Prudential Public in a research report on Friday, May 15th. Finally, Jefferies Financial Group lowered Prudential Public from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 22nd.

Hedge Funds Weigh In On Prudential Public

Hedge funds and other institutional investors have recently modified their holdings of the stock. Madison Asset Management LLC purchased a new stake in Prudential Public during the 2nd quarter worth approximately $2,366,000. Gradient Investments LLC grew its holdings in shares of Prudential Public by 7.2% during the second quarter. Gradient Investments LLC now owns 184,961 shares of the financial services provider's stock valued at $4,959,000 after buying an additional 12,388 shares during the last quarter. Trust Point Inc. increased its position in shares of Prudential Public by 14.3% in the 2nd quarter. Trust Point Inc. now owns 8,334 shares of the financial services provider's stock valued at $223,000 after acquiring an additional 1,045 shares during the period. Parallel Advisors LLC increased its position in shares of Prudential Public by 12.6% in the 1st quarter. Parallel Advisors LLC now owns 8,221 shares of the financial services provider's stock valued at $234,000 after acquiring an additional 919 shares during the period. Finally, Bank of America Corp DE raised its stake in Prudential Public by 5.6% in the 1st quarter. Bank of America Corp DE now owns 4,470,630 shares of the financial services provider's stock worth $127,100,000 after acquiring an additional 238,189 shares during the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

Prudential Public Stock Performance

Shares of Prudential Public stock opened at $27.72 on Friday. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.21. The firm's 50 day moving average price is $27.77 and its 200-day moving average price is $29.46. Prudential Public has a 52-week low of $24.61 and a 52-week high of $34.03.

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.

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