Shares of Prudential Public Limited Company (NYSE:PUK) have been given an average recommendation of “Buy” by the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $42.40.

Several brokerages have weighed in on PUK. Zacks Investment Research raised shares of Prudential Public Limited Company from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Wednesday, May 17th. Goldman Sachs Group, Inc. (The) cut shares of Prudential Public Limited Company from a “conviction-buy” rating to a “buy” rating in a research note on Monday, May 8th. Finally, J P Morgan Chase & Co raised shares of Prudential Public Limited Company from an “underweight” rating to a “neutral” rating in a research note on Friday, March 17th.

Prudential Public Limited Company (PUK) opened at 46.47 on Tuesday. The company has a 50-day moving average price of $45.55 and a 200-day moving average price of $42.21. The firm has a market capitalization of $59.72 billion, a P/E ratio of 23.81 and a beta of 1.58. Prudential Public Limited Company has a 1-year low of $31.62 and a 1-year high of $46.85.

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Institutional investors have recently made changes to their positions in the company. William Blair Investment Management LLC raised its position in shares of Prudential Public Limited Company by 22.6% in the first quarter. William Blair Investment Management LLC now owns 146,801 shares of the financial services provider’s stock worth $6,218,000 after buying an additional 27,066 shares during the last quarter. Greenleaf Trust bought a new position in shares of Prudential Public Limited Company during the first quarter worth about $318,000. Wells Fargo & Company MN raised its position in shares of Prudential Public Limited Company by 52.0% in the first quarter. Wells Fargo & Company MN now owns 2,496,593 shares of the financial services provider’s stock worth $105,755,000 after buying an additional 853,651 shares during the last quarter. Azimuth Capital Management LLC bought a new position in shares of Prudential Public Limited Company during the first quarter worth about $1,704,000. Finally, NEXT Financial Group Inc raised its position in shares of Prudential Public Limited Company by 9.6% in the first quarter. NEXT Financial Group Inc now owns 12,436 shares of the financial services provider’s stock worth $552,000 after buying an additional 1,090 shares during the last quarter. Institutional investors own 1.65% of the company’s stock.

About Prudential Public Limited Company

Prudential Public Limited Company (Prudential) is a United Kingdom-based international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations.

Analyst Recommendations for Prudential Public Limited Company (NYSE:PUK)

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