Prudential Public Limited Company (NYSE:PUK) Given Consensus Rating of “Moderate Buy” by Analysts

Prudential Public Limited Company (NYSE:PUK) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

Several analysts have recently commented on PUK shares. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Prudential Public in a report on Wednesday. They issued a “buy” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research report on Wednesday, October 29th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Prudential Public in a report on Tuesday, October 14th.

Prudential Public Trading Down 2.4%

Shares of NYSE PUK opened at $31.65 on Thursday. Prudential Public has a 52 week low of $14.39 and a 52 week high of $32.99. The business’s 50 day moving average price is $29.54 and its 200 day moving average price is $27.49.

Institutional Investors Weigh In On Prudential Public

A number of hedge funds and other institutional investors have recently made changes to their positions in PUK. Bank of America Corp DE lifted its stake in shares of Prudential Public by 241.5% in the 3rd quarter. Bank of America Corp DE now owns 2,998,803 shares of the financial services provider’s stock valued at $83,936,000 after purchasing an additional 2,120,580 shares during the period. Dimensional Fund Advisors LP increased its holdings in Prudential Public by 22.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,577,724 shares of the financial services provider’s stock valued at $44,176,000 after buying an additional 287,420 shares in the last quarter. Bank of Montreal Can raised its position in shares of Prudential Public by 6.9% in the second quarter. Bank of Montreal Can now owns 1,308,520 shares of the financial services provider’s stock worth $32,739,000 after acquiring an additional 84,269 shares during the period. Optiver Holding B.V. boosted its stake in shares of Prudential Public by 41.6% during the 3rd quarter. Optiver Holding B.V. now owns 1,245,566 shares of the financial services provider’s stock worth $34,863,000 after acquiring an additional 365,883 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Prudential Public by 30.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 822,909 shares of the financial services provider’s stock valued at $20,589,000 after acquiring an additional 193,454 shares during the period. 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.