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

by · The Markets Daily

Prudential Public Limited Company (NYSE:PUK – Get Free Report) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company.

A number of research firms have recently weighed in on PUK. Jefferies Financial Group cut shares of Prudential Public from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research note on Wednesday, April 8th. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research note on Friday, May 15th. Finally, Zacks Research upgraded shares of Prudential Public from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 11th.

View Our Latest Report on PUK

Prudential Public Price Performance

Shares of PUK opened at $26.28 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.04 and a quick ratio of 0.04. The company’s fifty day moving average is $29.27 and its two-hundred day moving average is $30.15. Prudential Public has a 1 year low of $24.24 and a 1 year high of $34.03.

Prudential Public (NYSE:PUK – Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The financial services provider reported $25.85 earnings per share for the quarter. The company had revenue of $7.59 billion for the quarter. On average, analysts forecast that Prudential Public will post 2.16 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Prudential Public

Several institutional investors and hedge funds have recently made changes to their positions in the business. Morgan Stanley boosted its position in shares of Prudential Public by 79.2% in the 4th quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider’s stock worth $151,442,000 after buying an additional 2,150,074 shares in the last quarter. Bank of America Corp DE boosted its position in shares of 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 buying an additional 238,189 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Prudential Public by 9.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,826,101 shares of the financial services provider’s stock worth $80,201,000 after buying an additional 240,416 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Prudential Public by 13.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,397,352 shares of the financial services provider’s stock worth $68,157,000 after buying an additional 292,677 shares in the last quarter. Finally, Optiver Holding B.V. boosted its position in shares of Prudential Public by 41.6% in 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 buying an additional 365,883 shares in the last quarter. 1.90% of the stock is currently owned by hedge funds and other institutional investors.

About Prudential Public

(Get Free Report)

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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